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Yangzijiang Shipbuilding Secures US$0.44 Billion in New Contracts

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Yangzijiang Shipbuilding Secures US$0.44 Billion in New Contracts

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Yangzijiang Shipbuilding (Holdings) ( (SG:BS6) ) has issued an announcement.

Yangzijiang Shipbuilding has secured new contracts for eight vessels, valued at US$0.44 billion, including containerships and bulk carriers, with deliveries scheduled between 2027 and 2029. This adds to a total of 44 contracts worth US$1.90 billion for the year, highlighting the company’s robust order book and strong industry positioning, particularly with long-term partner Seaspan Corporation.

The most recent analyst rating on (SG:BS6) stock is a Buy with a S$3.55 price target. To see the full list of analyst forecasts on Yangzijiang Shipbuilding (Holdings) stock, see the SG:BS6 Stock Forecast page.

More about Yangzijiang Shipbuilding (Holdings)

Yangzijiang Shipbuilding (Holdings) Ltd, incorporated in Singapore, operates in the shipbuilding industry, focusing on the construction of containerships and bulk carriers. The company is known for its strategic partnerships and has a significant presence in the global shipbuilding market.

Average Trading Volume: 23,237,015

Technical Sentiment Signal: Buy

Current Market Cap: S$12.96B

See more insights into BS6 stock on TipRanks’ Stock Analysis page.

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