Yangzijiang to invest $412 million in shipyard expansion

Buoyed by strong newbuilding demand Yangzijiang Shipbuilding plans to expand its facilities with a focus on LNG and clean energy vessels.

The Singapore-listed Chinese shipbuilder plans to acquire 866,671 sq metres of land in Xinqiao Park of the Jingjiang Economic and Technological Development Zone in Jingjiang City to set up a base for clean energy vessel manufacturing including LNG.

With 1,320 metres of shoreline on the Yangtze river the land for the new project and located adjacent to the shipbuilder’s existing Jiangsu Yangzi Xinfu Shipbuilding.

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