CGS-CIMB Reseach analyst Lim Siew Khee maintained her ‘add’ rating for Yangzijiang Shipbuilding with an unchanged target price of $1.54 after the company recently announced it had signed contracts to build 31 vessels for a total contract value of US$1.74 billion ($2.32 billion). Lim says that the new contracts bring Yangzijiang’s year-to-date orders secured to …
The post Yangzijiang’s order book may reach 5 year record high of US$5 bil by end-2021: CGS-CIMB first appeared on Hellenic Shipping...