Dajin Heavy Industry Signs 3+1 Bulk Carrier Construction Contracts Worth Approximately 2.1 Billion Yuan

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Summary · why it matters

A subsidiary of Dajin Heavy Industry, Tangshan Dajin Offshore Engineering Co., Ltd., has signed 3+1 bulk carrier construction contracts with a Greek shipowner, with a total contract value of approximately 2.1 billion yuan. The total contract value for the three firm vessels is about 1.575 billion yuan, and the contract value for the one optional vessel is about 525 million yuan. The company will design, build, and deliver 211,000 deadweight ton bulk carriers, each with an overall length of approximately 299.95 meters, a beam of about 50 meters, and a depth of about 25 meters. The three firm vessels will be delivered in batches from 2029 to 2030.

Impact on assets 1

Others▲ · 1 stocks
Dajin Heavy Industry Corp
002487
▲ PositiveDemandrelevance

Signed 3+1 bulk carrier construction contracts worth ~2.1 billion yuan, indicating strong demand for its shipbuilding services.

Off-coverage companies 1

唐山大金海工海洋工程有限公司 (Tangshan Dajin Offshore Marine Engineering Co Ltd)Private▲ Positive
Demandrelevance

As the subsidiary signing the contracts, it directly benefits from the new orders.

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