Mainboard-listed China-based shipbuilding group Yangzijiang Shipbuilgin (YZJ) has entered into an agreement with a Japanese shipowner for the building and delivery of ten 3,500TEU containerships on Nov 5.

Out of the orders, five are firm orders worth some US$198 million ($269.5 million) in total. The five vessels are accompanied by five option orders for identical vessels.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook