Yangzijiang Shipbuilding targets $3.5bn in orders
Chinese shipbuilder anticipates signing about $1.7bn of new contracts in the next a few weeks, suggesting a batch of orders are close to being finalised
CGS-CIMB Securities analyst Lim Siew Khee says Yangzijiang is expecting sizeable contracts with a series of 10 or more units to reap economies of scale and preserve its margins. Boxship newbuildings will be the main target
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