Singapore, Feb 4, 2026, 15:23 SGT — Regular session
- Yangzijiang Shipbuilding shares gained 0.6% in afternoon trading
- Maersk has accepted early delivery of a 9,000-TEU methanol-ready vessel constructed at a Yangzijiang shipyard
- Traders are focused on the upcoming earnings report for clues on order flow and margins
Shares of Yangzijiang Shipbuilding (Holdings) ticked up 0.6% to S$3.35 in Wednesday afternoon trading in Singapore, following a flat close the previous day. Volume slowed, with roughly 4.7 million shares traded versus about 15.7 million on Tuesday. (MarketScreener)
Investors are closely watching to see if top shipowners continue accepting deliveries of newer, higher-spec vessels from Chinese yards. On Feb. 2, A.P. Moller-Maersk announced it had received Tangier Mærsk from Yangzijiang Shipbuilding Group in Jingjiang, China—about three months ahead of schedule. The vessel is the first in a six-ship series of 9,000-TEU vessels featuring dual-fuel engines capable of running on methanol. “We are pleased to take delivery of Tangier Mærsk,” said Anda Cristescu, Maersk’s head of chartering and newbuilding. (Maersk)
This is crucial now since delivery execution stands as one of the rare concrete data points traders rely on between order announcements and final results. When a ship is handed over, it can accelerate milestone payments; conversely, delays may clog yard slots and lock up cash.
TEU, or twenty-foot equivalent unit, stands as the standard for measuring container capacity. Methanol is gaining traction as a marine fuel alternative amid efforts to reduce emissions, but challenges around supply and cost persist.
Yangzijiang’s shares have bounced around in the last two weeks as investors juggle concerns over customer demand, rising costs, and policy uncertainty. On Wednesday, attention swung back to delivery momentum and upcoming handovers linked to key headline customers.
Yangzijiang Shipbuilding (Holdings), a Singapore-listed company, operates in shipbuilding and offshore marine equipment, plus a shipping charter business. According to its profile, the firm builds vessels such as containerships, oil tankers, bulk carriers, and LNG and other gas carriers. (Reuters)
Traders will keep an eye on whether the Maersk series remains on track and if other delivery updates emerge in the sector. Contract wins still carry weight, but shipyards depend heavily on execution.
Yangzijiang’s shares took a hit last year after a U.S. proposal to impose port fees on Chinese-built ships surfaced. It showed how political moves can overshadow the fundamentals for shipbuilders with yards in China. (The Straits Times)
Freight rates slipping sharply may put the brakes on new orders, while rising steel prices threaten margins on fixed-price contracts. Cancellations remain unpredictable, particularly from smaller buyers.
Investors are now focused on earnings, with MarketScreener showing Yangzijiang’s next quarterly report is due March 3. Traders will be watching closely for updates on order intake, delivery speed, and any shifts in margin trends. (MarketScreener)
