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Yangzijiang bags orders worth US$510m from ICBC unit
Add BT as a preferred sourcePublished Wed, Apr 13, 2016 · 09:50 PM
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Singapore
CHINESE shipbuilder Yangzijiang Shipbuilding (Holdings) has clinched new orders for dry bulk carriers worth US$510 million altogether from a Chinese state-owned enterprise, it said in a Singapore Exchange filing on Wednesday morning.
The six 400,000-deadweight-tonne "very large ore carriers" (VLOCs) ordered are the largest dry bulk carriers that Yangzijiang has ever received orders for and mark a "rare case" where a state-owned ship owner in China places orders with a private shipyard, the mainboard-listed group added.
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