Yangzi shipyard energy storage

Will Yangzijiang Shipbuilding expand its facilities?

Buoyed by strong newbuilding demand Yangzijiang Shipbuilding plans to expand its facilities with a focus on LNG and clean energy vessels.

How big is Yangzijiang Shipbuilding?

The company has clarified that it is about 866,671 square metres. MAINBOARD-LISTED shipbuilder Yangzijiang Shipbuilding has entered into a framework agreement with the local government of Jingjiang City in China’s Jiangsu Province to acquire land for the establishment of a new clean energy ship manufacturing base.

How much will Yangzijiang Shipbuilding invest in liquefied natural gas?

Yangzijiang Shipbuilding said it plans to invest an estimated 3 billion yuan (S$559.3 million) in capital expenditures over the next two years to complete this project, taking into account the long-term prospects of liquefied natural gas and other clean energy vessels.

What is Yangzijiang Shipbuilding's orderbook?

YANGZIJIANG SHIPBUILDING: This company's orderbook is US$16 b. It's buying land to expand production capacity • This year marks the 17th year of listing on the Singapore Exchange for Yangzijiang Shipbuilding, one of the largest non-state-owned shipbuilding companies in China.

Why did Yangzijiang Shipbuilding stock jump on July 16?

SINGAPORE - Shares of Yangzijiang Shipbuilding jumped on July 16, after it announced a framework agreement with the local government of Jingjiang City in China’s Jiangsu province to acquire land for the establishment of a new clean energy ship manufacturing base.

Why is Yangzijiang building a new LNG base?

Yangzijiang said it plans to invest CNY 3bn ($413m) to construct the facility over the next two years to build LNG carriers and other clean energy vessels. The new base is adjacent to Jiangsu Yangzi Xinfu Shipbuilding, enabling the company to “seamlessly integrate new facilities, thereby enhancing both productivity and operational efficiency”.