Another world-class new shipyard! Yangtze River Shipbuilding builds a clean energy ship base

As the only private shipyard in China capable of building 170,000 cubic meter LNG carriers and ultra-large liquefied gas carriers, Yangzijiang Shipbuilding announced a 3 billion yuan investment to build a world-class clean energy gas carrier base, consolidating its leading position in high-end shipbuilding.

Completion and production to begin by the end of 2026! Yangzijiang Shipbuilding builds a clean energy shipbuilding base.

On the morning of July 15, the Yangzi Hongyuan Green High-tech Clean Energy Shipbuilding Base project officially signed a contract to settle in Jingjiang, opening a new chapter for Jingjiang's shipbuilding industry to extend to the high-end. Zhang Changping, Secretary of the Jingjiang Municipal Party Committee and Secretary of the Party Working Committee of the Economic and Technological Development Zone, attended the event and delivered a speech. Shen Qiang, Deputy Secretary of the Jingjiang Municipal Party Committee and Mayor, presided over the event. Ren Letian, Chairman of Yangzijiang Shipbuilding Group; Zhang Hongfei, Secretary of the Group's Party Committee; and other guests, as well as Jingjiang leaders Wang Jin, Zhang Jiawei, Zhang Jinsong, Yin Zhihua; Lu Hongjuan and Wu Yixing, leaders of Xinqiao Town; Zhou Kewei, Deputy General Manager of Yangzijiang Shipbuilding Group; Ji Hongfei, Deputy General Manager; Yang Xueyan, Assistant General Manager and General Manager of Yangzi Xinfu Shipbuilding and General Manager of Yangzi Hongyuan Shipbuilding; and others attended the event.

At the ceremony, Lu Hongjuan, Secretary of the Party Committee of Xinqiao Town, Jingjiang City, and Director of the Xinqiao Park Management Committee, and Zhang Hongfei, Secretary of the Party Committee of Yangzijiang Shipbuilding Group, signed the agreement on behalf of both parties. During the signing ceremony, the Xinqiao Town People's Government made a statement on project services.

According to the introduction, the Yangzi Hongyuan Green High-tech Clean Energy Shipbuilding Base project will utilize a shoreline length of approximately 1320 meters, covering an area of approximately 1300 mu. It will construct one 300,000-ton shipbuilding dock, one 200,000-ton outfitting wharf, and one 100,000-ton harbor pool, with an annual production capacity of approximately 800,000 deadweight tons. Currently, the preliminary procedures for the project are being comprehensively advanced, and it is expected to be completed and put into production by the end of 2026. After the project reaches its production capacity, the annual output value will be no less than 10 billion yuan, and the average annual comprehensive tax and fees will be no less than 300 million yuan.

Secretary Zhang Changping pointed out in his speech that Yangzijiang Shipbuilding Group has always adhered to the principle of "building the world's best ships and being the world's best shipyard." It has achieved transformation and upgrading through innovation and improved its core competitiveness through refined management, making outstanding contributions to the economic and social development of the city. The newly signed project targets the new track of high-tech and high-value-added ships, becoming a pioneer and leader for domestic private enterprises to enter the large LNG ship construction market. It also provides strong support for Jingjiang to seize the commanding heights of international competition, break the monopoly of Japan and South Korea in the field of high value-added ships, and achieve industrial self-reliance and self-strengthening.

Zhang Changping emphasized: "Currently, the global shipbuilding industry is in a new round of upward cycle and has ushered in unprecedented development opportunities. We will seize the commanding heights of the high-tech shipbuilding industry, rely on the leading effect of this project, play a combined punch in the development of the entire shipbuilding industry chain, improve the local supporting network, improve the localization supporting capacity, and strive to build an advanced manufacturing cluster for ships; we will ignite a strong engine of new productivity, based on the advantages of backbone ship enterprises, give full play to the role of the provincial shipbuilding industry research institute, cooperate with universities, research institutes, and upstream and downstream enterprises, continuously strengthen technological and industrial innovation, and fully support enterprises to compete with top global shipbuilders and strive for world-class goals; we will create a golden signboard for the business environment, always adhere to the concept of 'project-oriented, service-oriented', with the greatest sincerity and the utmost effort, we will fully solve the practical difficulties in project construction and support and serve the development of enterprises."

Chairman Ren Letian expressed his gratitude to the Jingjiang Municipal Party Committee and Government for their long-term care, support, and assistance. He said that Yangzijiang Shipbuilding Group, as the only private enterprise in China to receive orders for 175,000 cubic meter ultra-large LNG carriers, is building a green high-tech clean energy shipbuilding project aimed at creating a world-class high-quality development demonstration area for clean energy gas carriers. Following the planning concept of intelligence and digitalization, it will promote a modern shipbuilding model and build a modern intelligent factory. The enterprise will introduce intelligent and digital production lines, accelerate the integration and application of 5G industrial internet and shipbuilding technology, and cultivate new productivity in the shipbuilding industry through digital, networked, and intelligent upgrades.

3 billion yuan investment! Yangzijiang Shipbuilding continues to cultivate the liquefied gas carrier market.

It is reported that Yangzijiang Shipbuilding Group plans to invest approximately 3 billion yuan in capital expenditure in the next two years for the Yangzi Hongyuan Green High-tech Clean Energy Shipbuilding Base project. The group is currently conducting a feasibility study on the project.

Yangzijiang Shipbuilding pointed out that the project site has a Yangtze River shoreline of approximately 1320 meters, providing a unique opportunity for efficient expansion. It is adjacent to the group's existing shipyard, Yangzi Xinfu, and enjoys a superior geographical location. This will enable the group to seamlessly integrate new facilities, thereby improving productivity and operational efficiency.

As China's largest private shipbuilding company, Yangzijiang Shipbuilding Group has been known for building three main types of ships: bulk carriers, tankers, and container ships. In recent years, Yangzijiang Shipbuilding has continued to cultivate the liquefied gas carrier market. In 2022, Yangzijiang Shipbuilding obtained a patent cooperation agreement for the LNG MARK Ⅲ membrane containment system from GTT of France and received orders for the first batch of two 175,000 cubic meter LNG carriers, becoming the fourth domestic company and the first domestic private company to enter the large LNG carrier construction market.

Currently, Yangzijiang Shipbuilding's two 175,000 cubic meter LNG carriers are under construction at Yangzi Xinfu. At the same time, in May this year, Yangzijiang Shipbuilding received its first order for a very large ethane carrier (VLEC) from Singapore's SP Chemicals. These three 100,000 cubic meter VLECs, among the world's largest, will also be built at Yangzi Xinfu. With the order from SP Chemicals, Yangzijiang Shipbuilding has also become the first private shipyard in China to build VLECs.