German shipowner BAAS Shipping has ordered two 1,200 TEU feeder container ships from Qingdao Yangfan Shipbuilding, according to TradeWinds. The unit price is approximately US$34 million, bringing the total contract value to around US$68 million. Qingdao Yangfan Shipbuilding is a wholly-owned subsidiary of China Merchants Shipbuilding Industry Group Qingdao Shipyard and has a registered capital of RMB 950 million. The yard has been in operation for nearly 20 years and builds a range of commercial vessels. Its parent company traces its roots to 1949, when it was established as the state-owned Qingdao Shipyard. Since then, the facility has built and delivered over 600 vessels, with a product portfolio spanning bulk carriers, container ships and offshore vessels. In April 2025, following its integration into China Merchants Group's shipbuilding division, the shipyard was renamed China Merchants Shipbuilding Industry Group Qingdao Shipyard Co., Ltd. The order adds to a wave of feeder container ship contracts placed with Chinese yards in recent months, as owners seek smaller tonnage to serve regional and intra-Asia trade routes amid continued demand for flexible container capacity.