Yangzijiang Shipbuilding stock jumps 3% as Maersk’s new vessel order puts ship demand back in play
Yangzijiang Shipbuilding shares rose 3.4% to S$3.35 in Singapore on Tuesday, tracking steadier sentiment after Maersk ordered eight large container ships from China’s New Times Shipbuilding for 2029–30 delivery. Investors are watching freight rates and cargo volumes as carriers warn of rate pressure and mixed demand signals.