Yangzijiang Shipbuilding, Dohle Enters Joint Venture Agreement (China)

Yangzijiang Shipbuilding is teaming up with Dohle to take the ownership of four post-panamax bulkers which are at the moment under construction at Yangzijiang’s shipyard.

Singapore-listed Yangzijiang announced that one of its subsidiaries, SEAVI Advent Investments Asia, has entered a joint venture with Dohle in order to organize special purpose companies that will own the vessels. These 92,500 DWT bulk carriers are scheduled for delivery in the first quarter of 2012.

China Development Bank is going to finance 70% – 75% of the costs.

One of the Yangzijiang’s officials said: “The board is of the view that the investment is in the best interest of the group and to alleviate the pressure of less new shipbuilding orders in bulk carrier market.”

Yangzijiang Shipbuilding (Holdings) Ltd, large shipbuilding enterprise, is the first shipbuilding enterprise in China that entered he stock market in Singapore. The Company covers area of 2.2 million M2 and a wharf line of 3,000m, and employs over 10,000 staff and workers. Equipped with one large dry dock and five large and medium-sized slipways, the Company boasts the shipbuilding capacity over 1 million DWT annually in terms of ship tonnage. The main stream products of the Company range from large and medium-sized containerships, large bulk carriers to, medium multi-purpose ships.

Shipbuilding Tribune Staff, January 18, 2012; Image: yzjship

Share this article

Follow World Maritime News

Posted on January 18, 2012

In Depth>


<< Oct 2016 >>
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Danish Maritime Technology Conference 2016

A part of Danish Maritime Days 

For the first half of 2016, the key buzzword of the maritime industry have been ‘The Fourth Industrial Revolution’. The global maritime industry stands in the midst of a market with changing dynamics, where emerging technologies give endless possibilities with an unprecedented processing power.

The emerging technologies have opened up for new products and services that increase efficiency through the entire maritime value chain. The Danish Maritime Technology Conference looks at the key drivers emerging in and from the Fourth Industrial Revolution – the technologies, the products and the services that leads this market change.

The new waves of accelerating technological development require new forms of conducting agile business, given the speed at which innovation and disruption takes place. Members of Danish Maritime are global market leaders within the maritime industry, and together with specialists they will discuss their core challenges and present their solutions to a game changing market.

More info

read more >

Danish Maritime Days 2016

At this year’s Danish Maritime Days, four themes will highlight some of the most important challenges and opportunities which the global…

read more >

Maritime Standard Tanker Conference

The event will highlight the main regional trends in crude, chemical and product tanker operations, giving attendees a unique insight into…

read more >


SHIPTEC CHINA builds up itself into a more outstanding, influential and well-reputed maritime event in northern China…

read more >