Singapore-listed Yangzijiang Maritime Development has placed a fresh order for six product tankers at Jiangsu Haifeng Shipbuilding, in a deal shipbuilding sources value at more than $320m. The Ren Yuanlin-led company has been linked to four 50,000 dwt MR tankers and two 115,000 dwt LR2s, with the LR2s scheduled for delivery in 2028 and 2029 and the MR quartet running through to 2030. Chinese shipbuilding sources broadly place the six-ship delivery programme in 2028 and 2029. No contract price has been disclosed. Current market benchmarks cited by Chinese shipbuilding sources put a 47,000-51,000 dwt MR at about $52m and a 113,000-115,000 dwt LR2 at around $78.5m. The latest package brings Yangzijiang Maritime's reported tanker programme at Haifeng to 14 ships, following an earlier order for four MRs and four LR2s at the yard for delivery from late 2027 through the first quarter of 2029. The order follows Yangzijiang Maritime's sale of four 40,000 dwt bulker newbuildings scheduled for delivery between April 2027 and May 2028, taking the company's contracted newbuilding sales to $500m across 12 ships over nine months. Since listing in Singapore last November, the company has rapidly cycled capital between new orders and vessel resales, with its maritime portfolio standing at more than 120 ships at the end of June, including more than 60 newbuildings. Haifeng is one of the lower-profile Chinese yards Yangzijiang Maritime has used as part of that strategy, which the company says targets second- and third-tier Asian yards where its technical and procurement capabilities can secure newbuildings at costs as much as 20% below prevailing market levels.