Yangzijiang Maritime Development Ltd. Announces Major Vessel Sales and Expansion Plans

Key Points for Investors

• Signed Contracts for Sale of 4 New Medium Range Tankers:
  Yangzijiang Maritime has secured contracts to sell four new medium range tankers (49,800 DWT each) to a Marshall Islands-based shipowner, at an aggregate gross value of US\$180 million. These tankers are currently under construction at a Chinese shipyard, with deliveries scheduled between 2026 and 2027.
• Letters of Intent for Joint Ventures to Build 8 New Vessels:
  The company has entered into Letters of Intent (LOIs) for joint ventures that will add a total of eight new vessels to its pipeline: four medium range tankers (49,800 DWT each) to be built with a European shipowner, and four bulk carriers (40,000 DWT each) to be built with a Singapore-based shipowner. These vessels will be constructed at two Chinese shipyards, with deliveries expected between 2027 and 2028.
• Strong Portfolio Growth:
  Yangzijiang Maritime’s fleet currently comprises 76 vessels, including tankers, gas carriers, bulkers, containerships, and offshore support vessels. The company’s net asset value has quadrupled, rising from approximately S\$0.5 billion as of June 30, 2022, to about S\$2.0 billion as of June 30, 2025.
• IPO and Spin-Off Announcement:
  Yangzijiang Maritime is set to commence trading on the Main Board of the Singapore Exchange (SGX-ST) on 18 November 2025 at 9:00 a.m. via introduction, following a spin-off from Yangzijiang Financial Holding Ltd. SAC Capital Private Limited is acting as Issue Manager for the listing.
• Strategic Focus and Market Positioning:
  The company is positioning itself as a one-stop maritime financial solutions provider, acting as a strategic hub connecting shipyards, shipowners, charterers, and capital markets. Yangzijiang Maritime is leveraging its strong balance sheet and industry network to capture value across the maritime industry cycle, focusing on portfolio optimization, capital recycling, and investments in modern, eco-friendly vessels.

Potential Price-Sensitive Information

• Significant Increase in Net Asset Value:
  The fourfold increase in Yangzijiang Maritime’s net asset value within three years signals robust growth and financial strength, which could positively impact investor sentiment and valuations.
• Major Asset Sales and Newbuild Pipeline:
  The US\$180 million contract for tanker sales and the newbuild pipeline of eight vessels (via joint ventures where Yangzijiang Maritime will hold majority equity interests) highlight the company’s active capital management and growth trajectory. These transactions are expected to unlock value, recycle capital, and expand the company’s presence in the global maritime market.
• IPO and Market Debut:
  The upcoming listing on SGX-ST through a spin-off is a significant corporate event, providing greater visibility, potentially improved liquidity, and access to new pools of capital. This development is likely to be closely watched by investors and could result in increased share price volatility leading up to and following the market debut.
• Strategic Partnerships and Diversification:
  The formation of joint ventures with European and Singapore-based shipowners reflects a deliberate strategy to diversify the company’s portfolio and geographic reach. This approach positions Yangzijiang Maritime to benefit from structural tailwinds in the maritime industry and enhances its resilience to market cycles.

Additional Details for Investors

• The four tankers under contract are being built at a Chinese shipyard, a detail that may indicate cost efficiency and timely delivery capabilities.
• The eight new vessels under LOIs are also to be built in China, spread across two shipyards, with delivery stretching through 2027-2028, supporting the company’s long-term growth.
• Yangzijiang Maritime’s executive leadership, led by Executive Chairman and CEO Mr. Ren Yuanlin, is focused on sustainable growth, disciplined capital allocation, and fleet modernization, all of which are critical for long-term value creation.
• The company’s business model covers maritime business, cash management, and other non-maritime investments, offering diversified exposure and access to a proprietary pipeline of deals and partnerships.

Contact and Further Information

For further details, investors may visit the company’s website at https://yzjmaritime.com/ or contact their appointed media representative, Mr. Alex Tan ([email protected], +65 9451 5252).

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own due diligence and consult their financial advisors before making any investment decisions. The author and publisher are not responsible for any losses or damages arising from investment actions taken based on the information provided in this article.