The recent success of Yangzijiang Maritime Development (YMD) in securing its primary listing on the Main Board of the SGX-ST has marked a significant milestone for the company, resulting in a market capitalisation of approximately S$2.15 billion.
The Commercial, Corporate and Finance Team at Campbell Johnston Clark (CJC) played a pivotal role in this achievement, demonstrating their expertise in the process.
CJC’s role in the listing process
Guided by CJC’s London-based team, including Partner and head of the Commercial and Finance practice, James Clayton, and Consultant Alastair Macaulay, the firm supported YMD across a range of legal requirements as English, Marshall Islands, and Liberian legal counsel.
James Clayton remarked on the significance of the project, stating, “This project was a real highlight for our commercial team in 2025, and offered an excellent demonstration of CJC’s capabilities.”
Collaborative efforts across legal teams
The listing process necessitated collaboration with multiple legal teams
The listing process necessitated collaboration with multiple legal teams.
CJC worked closely with lead counsel Rajah & Tann Singapore, Carey Olsen Singapore as British Virgin Islands counsel, DeHeng Law Offices advising on PRC law, and Arias Fabrega & Fabrega for Panama law matters, ensuring a comprehensive approach to the listing.
Strategic growth for Yangzijiang Maritime
Incorporated in Singapore, YMD is a maritime-focused company that invests in vessels for charter and sale and provides financing solutions, including sale-and-leasebacks, pre-delivery loans, and secured loans. This listing is part of YMD's growth strategy, following previous listings of Yangzijiang Shipbuilding in 2007 and Yangzijiang Financial Holdings in 2022.
Ren Yuanlin, Executive Chairman and CEO of Yangzijiang Maritime Development Ltd., expressed optimism about the future, stating, “We see tremendous growth opportunities for Yangzijiang Maritime. This milestone reflects our vision in the potential of our maritime platform, as we continue to create long-term value and work toward sustainable and transformative growth.”
