Back
26 Oct 2026
Yangzijiang Maritime Continue Vessel Monetisation Strategy with an Aggregate Gross Sales Value of US$308 Million
• Signed sales contracts for a total of 6 newbuild vessels as follows:
- 2 medium-range tankers (approximately 49,500 DWT each), which are scheduled to be delivered between in 2026 and 2027.
- 4 newbuild medium-range tankers (approximately 49,800 DWT each), which are scheduled to be delivered in 2027 and 2028.
• Aligned with its proactive monetisation strategy, the Group has signed sales contracts for a total of 18 newbuild vessels with an aggregate gross value of US$805 million over a 10-month period.
• Such vessel sale transactions are expected to contribute positively to the Group’s financial performance, subject to completion, delivery schedules and applicable accounting recognition, barring unforeseen circumstances.
• As announced on 18 September 2026, the Group’s newbuild portfolio comprises 98 (including options) as follows: o 7 newbuilds that have been delivered (including one vessel delivered to its buyer under a vessel sale contract),
- 75 firm newbuilds under construction (12 newbuilds were resold including one vessel delivered to its buyer under a vessel sale contract), and
- 16 optional newbuilds, strategically expanding its fleet composition with an aim to improve earnings visibility and unlock future growth opportunities.