Yangzijiang profit surges 37% but new orders plunge as shipbuilding market wobbles
- Chinese shipbuilding giant’s net profit surged 37% to $582.2m in the first half of 2025
- New orders plummeted to just 14 vessels worth $540m, down from 126 vessels worth $14.6bn in 2024
- Company warns of near-term risks from geopolitical tensions, but remains bullish on long-term decarbonisation demand
Yangzijiang is progressing with its Yuan3bn Hongyuan new shipyard project set for completion by the end of 2026 and first deliveries in 2027
