shipbuilding industry

Contracts

Yangzijiang Shipbuilding secures contract for six 13,000 TEU methanol duel-fuel vessels

The vessels are scheduled to be delivered from 2027 onwards.
Yangzijiang obtains GTT technology membrane license, making 'inroads' to LNG carrier market - THE EDGE SINGAPORE

Corporate moves

Yangzijiang obtains GTT technology membrane license, making 'inroads' to LNG carrier market

YZJ received the GTT license in “record time”, despite delays due to the Covid-19 restrictions in China.

Broker's Calls

Yangzijiang 'unwarrantedly undervalued', has strong growth potential as shipbuilding demand increases: DBS

DBS's Ho Pei Hwa has lowered her TP for Yangzijiang Shipbuilding to $1.38 from $2.15 previously while maintaining her "buy call"
Encouraging outlook for Yangzijiang Shipbuilding ocean freight spot rates continue uptrend - THE EDGE SINGAPORE

Broker's Calls

Encouraging outlook for Yangzijiang Shipbuilding ocean freight spot rates continue uptrend

CGS-CIMB has a “buy” call on Yangzijiang Shipbuilding, expecting a recovery in freight and better shipbuilding orders.

Investing ideas

Industry recovery, revenue visibility to cushion Yangzijiang from Covid-19 concerns: analysts

Despite the decreases in Yangzijiang’s topline figures for 2QFY2020, market watchers are confident this is a stumble, and the group remains poised to navigate through the rough waters.

Results

Yangzijiang Shipbuilding's 1Q earnings halved to $80.6 mil as China lockdown stalls revenue

The plunge in the group’s bottom line figures for the quarter under review comes amid government-mandated lockdowns in China which had adversely impacted the group’s productions for a few weeks. This led to a 44% plunge in revenue for the group.
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