Singapore, Feb 3, 2026, 15:17 (SGT) — Regular session
- Shares rose 0.3% to S$3.34 in afternoon trading, after closing at S$3.33 on Monday.
- Maersk received the first ship in a six-vessel series built at Yangzijiang shipyard, arriving three months ahead of schedule.
- Traders are eyeing early-March earnings and new order updates for their next move.
Shares of Yangzijiang Shipbuilding (Holdings) Ltd nudged higher by 0.3% to S$3.34 at 2:58 p.m. local time on Tuesday. The stock closed Monday at S$3.33, after swinging between S$3.25 and S$3.36 on volume of around 24.55 million shares. (SG Investors)
Shares of the Singapore-listed shipbuilder tend to move on cues from delivery schedules and fresh contract announcements, beyond just the quarterly earnings. Traders view these indicators as a gauge of the broader shipbuilding market cycle.
This matters now as owners continue ordering higher-spec vessels, while yards push to stay on schedule and hold firm on pricing. Even a slight delay can hit the share price hard.
A.P. Moller – Maersk announced Monday it received the Tangier Mærsk from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months ahead of plan. “We are pleased to take delivery of Tangier Mærsk, marking the first of six vessels in this new series,” said Anda Cristescu. The company noted these ships each carry 9,000 TEUs—a standard 20-foot container—and feature dual-fuel engines capable of running on methanol. (Maersk)
For shipyards, a smooth handover is far more than just a photo op. It can speed up cash flow, reduce the risk of penalties, and if the client is satisfied, lead to more contracts ahead.
China’s shipbuilding output climbed 11.4% in 2025, reaching 53.69 million deadweight tonnes, according to data from the Ministry of Industry and Information Technology reported by Xinhua on Tuesday. New orders hit 107.82 million deadweight tonnes. Deadweight tonnes represent the total weight a vessel can carry safely, including cargo, fuel, and supplies. (Xinhua News)
Investors in Yangzijiang are keeping an eye on whether the strong order flow actually leads to consistent wins and if the yard slots remain booked without deeper price cuts. They’re also watching costs like steel closely, along with any hints that owners might be pushing back deliveries.
Shipbuilding remains cyclical. A slump in freight demand, tougher ship financing, or shifts in fuel economics can quickly stall new orders, forcing yards to fight harder for upcoming contracts.
Next on the calendar: Yangzijiang’s earnings report is set for March 4, according to Investing.com. Investors will be paying close attention not just to the headline numbers but also to updates on order momentum and delivery guidance, particularly for higher-spec ships. (Investing)
