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Breakthrough for Large Engine Manufacturing in China
Seaspan Corporation has placed an order for 7 + 18 newbuildings of 10,000 teu container ships at Jiangsu YangZiJiang Shipbuilding. These will be powered by the new…
Historic Containership Contract for China
The new generation of 10,000 TEU container vessels contracted in China by Seaspan represents major improvements in energy efficiency, cargo capacity, operational efficiency and emission reductions. The new features have been developed in a collaboration between Seaspan, the Yangzijiang Shipbuilding Group, MARIC and DNV. The order for seven 10,000 TEU container vessels plus 18 options which was signed in Shanghai on June 8, 2011 is the biggest ever container contract entered into in China.
Yangzijiang Shipbuilding Up, $2.5B Order
According to a report from Bloomberg, Yangzijiang Shipbuilding Holdings Ltd. (YZJ) climbed the most in almost one month in Singapore trading after winning its first order to build 10…
Goldenport Holdings: Delivery of Two New-Build Bulk Carriers
Goldenport Holdings Inc., (LSE: GPRT) the international shipping company that owns and operates a fleet of container and dry bulk vessels announces that on 18 April…
Yangzijiang Shipbuilding
According to a report from Today, a MediaCorp Press publication, Yangzijiang Shipbuilding reported a 14 per cent year-on-year rise in revenue to 3.05 billion yuan…
Yangzijiang Shipbuilding (Holdings) Ltd Announces 6 New Contracts for US $214.2 Million
SINGAPORE: Yangzijiang Shipbuilding (Holdings) Ltd announced six new shipbuilding contracts for a total of US $214.2 million. The company will build two 82,000 DWT (deadweight tonnage) bulk carriers…
YZJ Shipbuilding Joint Venture
According to a report from The Business Times, Yangzijiang Shipbuilding (YZJ) recently announced that its subsidiary had entered into an agreement with four other…
Yangzijiang Shipbuilding Hedges for Appreciation
According to a report from Bloomberg, Yangzijiang Shipbuilding Holdings Ltd., China’s third-largest shipyard outside state control, is basing currency-hedging on…
Yangzijiang Opens Door for Chinese Firms in Taiwan
According to a September 5 report from FinanceAsia.com, Yangzijiang Shipbuilding Holdings will become the first mainland Chinese company to list in Taiwan following…
Broker’s Take on Yangzijiang Shipbuilding
According to a July 21 report from The Business Times, citing DMG & Partners Research, Yangzijiang Shipbuilding won $234m worth of new contracts in Q2, boosting year-to-date contract wins to $430m…
Seaspan Accepts Delivery of 52nd Containership
Seaspan Corporation (NYSE:SSW) accepted delivery of a 4250 TEU containership named the CSAV Lebu from Jiangsu Yangzijiang Shipbuilding Co., Ltd. (YZJ) on June 4, 2010.
Seaspan Takes Delivery of 50th Containership
Seaspan Corporation (NYSE:SSW) announced that it accepted delivery of the Calicanto Bridge from Jiangsu Yangzijiang Shipbuilding Co., Ltd. (YZJ) on May 28, 2010.
Yangzijiang to Buy Stake in Singapore Rig-Maker
According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based…
Seaspan Accepts Delivery of Two New Vessels
Seaspan Corporation (NYSE:SSW) announced the delivery of its 44th and 45th vessels, the Guayaquil Bridge and the COSCO Japan. The Guayaquil Bridge, a 2500 TEU vessel delivered on March 5…
Seaspan Takes Delivery of New Containership
Seaspan Corporation (NYSE:SSW) has accepted delivery of the CSCL Callao, a 2500 TEU newbuilding. The new containership, which was constructed by Jiangsu Yangzijiang Shipbuilding Co.…
Credit Crunch Spreads to Shipyards
There are growing signs the credit crunch that began with the housing market is spreading to the world's shipyards, Reuters reported. The global economy saw shipbuilders…
Report: HHI Leads Drop in Shipbuilding Stocks
According to reports, Hyundai Heavy Industries Co., led declines among shipyard stocks on concern of fewer orders for vessels this year after bulk rates fell the most since June 1989.
Yangzijiang Wins $1.3b Shipping Contracts
Singapore-listed Yangzijiang Shipbuilding said oit has won $1.3b worth of contracts to build 20 vessels. The contracts are to be delivered before July 2012 and therefore…
Seaspan to Build Four New 4250 TEU Vessels
Seaspan Corporation announced that it has signed contracts to build four 4250 TEU vessels at Jiangsu New Yangzi Shipbuilding Co., Ltd. in China. These new orders…
Seaspan Signs Contracts for 2 Vessels
Hong Kong-based container ship company Seaspan Corp. has signed contracts for two 2500 TEU vessels from Jiangsu Yangzijiang Shipbuilding Co. at an expected delivered cost of $46.4 million per vessel.