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Lomar Shipping exercises options at Yangzijiang

UK owner Lomar Shipping has signed shipbuilding contracts with China’s Yangzijiang Shipbuilding for the construction of two 1,800 teu feeder containerships.

The two vessels are the latest options exercised by Lomar Shipping at the yard. In August 2016, Lomar Shipping ordered four 1,800 teu containerships plus four options at Yangzijiang. The first four vessels are expected to be delivered between the second half of 2018 and the beginning of 2019.

In March, Lomar Shipping also exercised options for three 1,750 teu container vessels at Cosco Guangdong Shiyard.

Lomar Shipping has also been active on the secondhand market. Last week, the company snapped up two small 496 teu ships, ER Helgoland and ER Cuxhaven, for 3.8m each from Germany’s ER Schiffahrt.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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