Yangzijiang Maritime Development has agreed to sell four newbuild bulkers, taking the Singapore-listed company's contracted vessel sales to $500m across 12 ships in nine months, according to Splash247.
Bulker quartet signed
Splash247 reported that Yangzijiang Maritime Development has agreed to sell four 40,000 dwt newbuild bulkers, with delivery scheduled between April 2027 and May 2028. The company did not disclose the buyer or the value of the latest contracts. The bulker sale follows two rounds of MR tanker disposals.
Tanker sale programme
Ahead of the company's SGX debut last November, Yangzijiang Maritime agreed a $180m sale of four 49,800 dwt newbuild MR tankers, according to Splash247. The first vessel in that batch was delivered on July 30, with another due in November and the remaining pair set to follow in 2027.
In April, Yangzijiang Maritime signed contracts to sell another four 49,800 dwt MR newbuilds for delivery in 2027 and 2028, Splash247 reported. At the same time, the company committed to eight 319,000 dwt VLCC newbuilds scheduled to arrive between 2028 and 2030. The latest bulker deal follows both prior tanker rounds, bringing the disclosed vessel sales programme to 12 ships.
Contracted sales at a glance
Deliveries and contract data as reported by Splash247:
| Vessel group | Number of ships | Vessel size | Delivery schedule | Value | Buyer |
|---|---|---|---|---|---|
| Bulker quartet | 4 | 40,000 dwt | April 2027 to May 2028 | Not disclosed | Not disclosed |
| MR tankers, first round | 4 | 49,800 dwt | First delivered July 30; another due in November; pair in 2027 | $180m | Not disclosed |
| MR tankers, second round | 4 | 49,800 dwt | 2027 and 2028 | Not disclosed | Not disclosed |
| VLCC newbuilds commitment | 8 | 319,000 dwt | 2028 to 2030 | Not disclosed | Not disclosed |
Expected financial contribution
Yangzijiang Maritime said the 12 contracted vessel sales are expected to contribute across 2026, 2027 and 2028, subject to completion and delivery schedules, Splash247 reported. Buyer and price details for the bulker quartet have not been disclosed.
Watch list: scheduled deliveries
Operators tracking the sale-and-purchase market can monitor these reported delivery dates:
- Four 40,000 dwt bulkers: between April 2027 and May 2028.
- First MR tanker round: first vessel delivered July 30; second due in November; remaining pair in 2027.
- Second MR tanker round: four 49,800 dwt vessels in 2027 and 2028.
- Eight 319,000 dwt VLCCs: 2028 to 2030.
All 12 contracted vessel sales are expected to contribute across 2026, 2027 and 2028, subject to completion and delivery schedules, according to Splash247.
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