In a report dated Oct 16, Lim said that there was a “strong uptrend for Transpacific spot rates”, which may suggest that demand is matching capacity deployment.
CGS-CIMB analyst Lim Siew Khee has maintained her “buy” call on Yangzijiang Shipbuilding with an unchanged target price of $1.37.
See also: Yangzijiang secures 5 new vessel orders
