BLESSKEEMUN
07-25

YZJ NEW ORDERS WON AS ST 25/7 FOR 2+2 1800TEU WORTH US$110M + US$110M

YTD: 11+6 Ships orders won vs. US$6Bil

$YZJ Shipbldg SGD (BS6.SG)$Greece’s Minerva Marine is the latest owner to join the feeder container ship newbuilding surge.

The Andreas Martinos-led outfit, which has been growing its fleet with secondhand boxships, has made provisional orders at two shipyards in China for up to eight 1,800-teu newbuildings, according to shipping players.

It is said to have booked two firm vessels at Yangzijiang Shipbuilding and Huanghai Shipbuilding, plus an option for an additional two ships at each yard.

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Modified in.07-25
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