Yangzijiang Shipbuilding - Experts & Thought Leaders

The Commercial, Corporate and Finance Team at Campbell Johnston Clark (CJC) recently assisted Yangzijiang Maritime Development (YMD) to secure its primary listing on the Main Board of the SGX-ST. The successful listing resulted in a market capitalisation for YMD of around S$2.15 billion. CJC’s London-based team was led by James Clayton, Partner and head of the Commercial and Finance practice, and Consultant Alastair Macaulay. Demonstration of CJC’s capabilities “This project was a real highlight for our commercial team in 2025, and offered an excellent demonstration of CJC’s capabilities across a broad range of requirements as English, Marshall Islands and Liberian legal counsel in bringing YMD to market,” said James Clayton. The process also called for CJC to liaise with lead counsel Rajah & Tann Singapore, with Carey Olsen Singapore as British Virgin Islands counsel, DeHeng Law Offices advising on PRC law and Arias Fabrega & Fabrega as counsel on Panama law. Opportunities for Yangzijiang Maritime Incorporated in Singapore, maritime-focused company YMD invests in vessels for charter and sale, offers financing solutions, such as sale-and-leasebacks, pre-delivery loans, and secured loans through joint ventures and leasing models. Bringing YMD to the SGX-ST market follows the earlier listing of Yangzijiang Shipbuilding (in 2007) and Yangzijiang Financial Holdings (in 2022). In an official statement following the listing, Ren Yuanlin, Executive Chairman and CEO, Yangzijiang Maritime Development Ltd., said: “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.”

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been contracted to supply the cargo handling and fuel gas supply systems for six newbuild medium-sized gas carrier (MGC) vessels, which again strengthens the company's market-pioneering position in this sector. The new vessels are built at the Jiangsu Yangzi-Mitsui (YAMIC) Shipbuilding yard in China for a Japanese shipowner. The order was booked by Wärtsilä in Q3 2024. Wärtsilä’s cargo handling The ships will transport and operate with liquefied petroleum gas (LPG). The Wärtsilä solutions are designed to ensure the ships’ safe and efficient operation with LPG cargo and fuel. “We have worked closely with the YAMIC yard earlier, and we are pleased to continue this good relationship. This order is an important endorsement of the strong position that Wärtsilä’s cargo handling and fuel gas supply systems have established with this category of vessels,” commented Barry Yang, Sales Manager, Wärtsilä Gas Solutions, China. The YAMIC yard is a joint venture between Yangzijiang Shipbuilding Group and Mitsui E&S Shipbuilding. The Wärtsilä equipment is scheduled for delivery to the yard commencing in April 2025.

At the prestigious Marintec fair in Shanghai, China, Becker Marine Systems will present the Manufacturer Quality Award for the first time. This accolade is a recognition of outstanding quality performance, acknowledging the commitment and professionalism of NanTong Ocean Ship Equipment Co., Ltd. (Cosco YP). Becker Marine Systems presents Manufacturer Quality Award It‘s the first time Becker Marine Systems has given this award on a global level This award, which will be personally presented by Henning Kuhlmann, Managing Director of Becker Marine Systems, on December 5th, marks a premiere. It‘s the first time Becker Marine Systems has given this award on a global level. “With this award, we want to express our gratitude to Cosco YP for its excellent process control, continuous improvements, and the provision of high-quality products for our customers,” says Henning Kuhlmann. Cosco YP and Becker Marine Systems partnership Behind this successful cooperation is more than seven years of collaboration between Cosco YP and Becker Marine Systems. The partnership started with four ship sets and now encompasses over 60 complete ship sets and over 40 trunk sets of high-efficiency rudder systems.  Customers include major shipyards of the COSCO group, Hudong, Jiangnan, Waigaoqiao, DSIC, GSIC, New Yangzi Group, among others. “For Cosco YP, receiving this award is a great honour and recognition of our work,” says Ran Hongbo, General Manager of Nantong Ocean Ship Equipment. Cooperation extended to Energy Saving Devices (ESD) Last year, the cooperation was also extended to the production of Energy Saving Devices (ESD). For this purpose, the workshop in Nantong was set up as one of the production sites for ESD. Both companies share a similar philosophy in terms of management, optimising their advantages, accepting differences, and striving for the highest customer satisfaction.