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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.
January 17, 2024
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.
September 08, 2022
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"
August 05, 2022
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.
October 19, 2020
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.
May 04, 2020
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.
April 30, 2020
Yangzijiang embarks on aggressive share buybacks
August 30, 2019