China's Dajin Heavy Rises After Landing First European Order for Eight Bulk Carriers Worth USD591 Million
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Dajin Heavy Industry's shares rose 4.5% to CNY89.04 after securing orders for eight bulk carriers worth USD591 million from two European clients, marking its entry into the European shipbuilding market. The vessels, scheduled for delivery between 2028 and 2029, include one order for USD294 million and another for USD297 million. This development highlights Dajin Heavy's growing recognition in international shipbuilding, following its recent expansion from offshore wind power equipment manufacturing to shipbuilding.
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