Broker’s Take on Yangzijiang Shipbuilding

Thursday, July 22, 2010

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, equivalent to 29% of FY2009 revenue. Ten of the new vessels ordered will be delivered before July 2012. At June 30, Yangzijiang had an order book of $5.23b, comprising 124 vessels. This excludes $338m of orders for 20 vessels from 51%-owned Jiangsu Yangzijiang Changbo Shipbuilding. Based on the current order book run-rate, the orders can last for another three years.

(Source: The Business Times)
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

China Shipyards Bag the Week's Ocean-going Newbuild Orders

Reported ordering this week has been exclusively focussed on the Chinese yards, says Clarkson Hellas in their latest 'S&P Weekly Bulletin'. Dry bulk carriers COSCO

Aker Philadelphia Shipyard ASA: Purchase of own shares

Aker Philadelphia Shipyard AKPS), a leading U.S. commercial shipyard constructing vessels for operation in the Jones Act market, has on July 25, 2014 purchased 1,

HMS Prince of Wales Delivery Begins

A huge section of hull for HMS Prince of Wales, the second aircraft carrier being delivered to the Royal Navy, has today departed BAE Systems in Glasgow on a 600-mile

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0889 sec (11 req/sec)