- Shanghai Jinjiang Shipping ordered two 1,182 teu eco-design containerships from Sumec Marine, with options for two more.
- Intra-Asian trade rose 4.2% year on year in the first half of 2025, while small-vessel supply remained limited.
- Jinjiang posted Yuan3.4bn in revenue and Yuan794m net profit, reflecting strong demand and firm freight rates.
- The carrier expanded services to South Asia and the Middle East, operating a fleet of 51 vessels with over 56,000 teu capacity.
Shanghai Jinjiang Shipping has placed an order for two 1,182 teu eco-design containerships at Sumec Marine, with options for two more, as part of its fleet expansion strategy. The move comes against a backdrop of rising intra-Asian trade volumes and constrained supply of small and medium-sized vessels, according to Lloyd’s List.
Fleet Expansion and Market Position
The latest order strengthens Jinjiang’s position in the fast-growing intra-Asia market, where trade volumes rose 4.2% year on year in the first half of 2025. While global deliveries added 1.1m teu of new capacity during the same period, only a small share—about 57,500 teu—came from vessels under 3,000 teu in Asia, highlighting the tight supply in this segment. This shortage has helped keep regional freight rates firm, supporting Jinjiang’s financial results.
In the first half of 2025, the carrier posted Yuan3.4bn ($465m) in revenue, up 26.1% year on year, with net profit climbing 150.4% to Yuan794m. Alongside strong earnings, Jinjiang has expanded service offerings, including the Ho Chi Minh Silk Road Express and new routes to South Asia and the Middle East. Operating 51 vessels with a combined capacity exceeding 56,000 teu, the company ranks 35th globally and eighth among mainland Chinese carriers, according to Alphaliner.
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Source: Lloyd’s List
