In a Friday report, analyst Low Pei Han says Yangzijiang is looking for more contracts to build LNG carriers after successfully delivering two 27,500 CBM LNG carriers last year.
SINGAPORE (Mar 16): Yangzijiang Shipbuilding knows it cannot just rely on building containerships and dry bulkers alone to sustain earnings, says OCBC.
Out of the 123 vessels in the group’s order book, OCBC estimates that only 40 are profitable while the rest are challenged in terms of profitability.
