CSSC’s big three Shanghai yards secure 63 newbuild orders in H1

Three Shanghai-based shipbuilding yards under China State Shipbuilding Corporation (CSSC), Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding and Waigaoqiao Shipbuilding have bagged 63 newbuild ingorders in the first half of this year.

The three yards in total delivered 29 vessels in the first half, laying a firm foundation for completing the year production target.

Newly received order volume of the three yards keeps increasing during the first six months, among which the high and middle-end vessel type accounts for over 90% of the total volume.

Among the 63 newly received orders, 42% are special gas carriers including LNG, VLEC and VLGC, setting a new record for the yards.