Floating Button
Home Capital Investing ideas

Can Yangzijiang diversify itself out of a doldrum?

Uma Devi
Uma Devi • 2 min read
Can Yangzijiang diversify itself out of a doldrum?
SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.

In its latest move, Yangzijiang acquired a 55% stake in Odfjell Terminal, Jiangyin (OTJ) for US$46.2 million ($62.8 million) from Norwegian tanker shipping company Odfjell.

OTJ handles various types of petrochemical products and provides terminal services for petrochemical distribution in the upstream Yangtze River region.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.