Yangziyang Financial in bulker newbuilding move

Yangzijiang Financial Holding has returned to Jingjiang Nanyang Shipbuilding with a newbuilding project in the handysize dry bulk segment. Shipbuilding sources have placed the Singapore-listed company behind an order for four firm 40,000 dwt vessels with delivery in 2027 and 2028. The spinoff of China’s largest private shipyard, Yangzijiang Shipbuilding, is estimated to be paying …