Dajin Heavy Industry Secures Four Bulk Carrier Orders as 2026 Export Momentum Continues

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Skye Polly
Published 23:03

Chinese shipbuilder Jiangsu Dajin Heavy Industry Co., Ltd., a subsidiary of Shenzhen-listed Bestway Marine & Energy Technology Co., Ltd. (300008.SZ), has secured a new export contract for four bulk carriers from overseas owner EOS Shipping & Trading Ltd. (or its nominee).

According to the company’s disclosure, the order covers two 40,400-dwt Handysize bulk carriers and two 64,500-dwt Ultramax bulk carriers, further strengthening the yard’s position in the global dry bulk newbuilding market.

The four vessels have been assigned hull numbers DJHC6408, DJHC6410, DJHC6611, and DJHC6612. Bestway Marine will issue four separate performance guarantees totaling approximately US$9.25 million (RMB 63.0 million), all within the company’s approved 2026 guarantee framework.

Continued Expansion in the Ultramax Segment

The latest contract follows a series of newbuilding wins secured by Dajin Heavy Industry throughout 2026, reflecting sustained demand from international owners and an increasingly diversified orderbook.

In May, the yard secured an order for three 64,500-dwt Ultramax bulk carriers (DJHC6601–6603), marking a step-up in vessel size and confirming the shipyard’s entry into larger dry bulk tonnage segments. Deliveries are scheduled for 2028.

The same month, Dajin also entered the offshore segment with a contract for two 65-metre, 90-tonne AHTS vessels for a Malaysian owner, expanding its portfolio into offshore support vessels.

Earlier in the year, the yard secured multiple multipurpose vessel contracts, including four 5,200-dwt multipurpose cargo vessels in April and two 5,900-dwt multipurpose dry cargo vessels for Estonian owner Amisco in March, with deliveries scheduled for 2027.

Diversified Orderbook Taking Shape

Dajin Heavy Industry is rapidly building a multi-segment portfolio spanning:

- 5,200-dwt multipurpose cargo vessels

- 5,900-dwt dry cargo vessels

- 40,400-dwt Handysize bulk carriers

- 64,500-dwt Ultramax bulk carriers

- Offshore support vessels

The growing share of export orders highlights rising international recognition, with European and Southeast Asian owners increasingly active in its orderbook.

Orderbook Visibility Extending to 2028

With successive contracts across 2026, the yard’s production schedule is now visibly extended into 2028. Capacity planning, financing arrangements and production upgrades continue to support its expanding delivery pipeline.

The latest EOS Shipping order further consolidates Dajin Heavy Industry’s position in the mid-size dry bulk segment, reinforcing China’s broader shipbuilding export competitiveness in a tightening global newbuilding market.

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