Yangzijiang Shipbuilding outlook seen as ‘positive’, backed up by order wins
Pre-delivery payment secured by Yangzijiang will provide a buffer for the shipbuilder, despite pressure brought about by the collapse of box shipping rates, according to analysts
The Singapore-listed Chinese shipbuilder is considered by observers to be able to achieve a $3bn order-winning target set for this year. Reported new order wins are as yet unconfirmed