Project Forward ­ an ambitious scheme to build the world¹s first truly deepsea, LNG-powered ships - has signed a letter of intent (LOI) to build up to 20 such dry bulk vessels at Jiangsu Yangzijiang Shipbuilding.

Yangzijiang Shipbuilding continues to make moves in the financial space with an eye towards getting into new technology, announcing the acquisition of a 25% stake in investment firm Jiangsu Sushang Joint Industry Investment Partnership for RMB700m...

Yangzijiang Shipbuilding has set up a vessel leasing and chartering joint venture in Singapore with a strategic partner, Jiang YanPing, the company said in a stock market announcement.

Intra-Asia container line SITC International Holdings has exercised options for two 2,400 teu vessels from Yangzijiang for $50m.

Yangzijiang Shipbuilding is setting up a vessel leasing and chartering subsidiary based in Singapore.

Yangzijiang Shipbuilding has disposed of its entire stake in a warehousing subsidiary in China so as to streamline the structure of the group and to control the overall administrative expenses.

China’s privately-owned Yangzijiang Shipbuilding is looking to raise SGD209.61m ($154.42m) by way of private placement of 137m ordinary shares to institutional and other investors.

Despite a global downturn in newbuilding orders in H1 Chinese yard Yangzijiang Shipbuilding secured $832m in new orders year-to-date, more than it did in the whole of the previous year.

China’s privately-owned Yangzijiang Shipbuilding has updated that the group has won six shipbuilding contracts worth a total of $133m during the second quarter of this year.

China’s Yangzijiang Shipbuilding has posted a strong 50.7% year-on-year jump for its first quarter profit on the back of higher revenue arising from the delivery of 14 vessels.