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YZJ Shipbldg SGD
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The Only Shipbuilding Blue Chip in SGX!
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AhTan888
Senior |
11-Jun-2025 20:32
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The court ruled out the 800+M and dats final right? Don't really understand the law proceedings. Let's see how the market react. | ||||
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joehoe
Member |
11-Jun-2025 20:16
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Yes. The tribunal awarded the claimants USD3.32M vs claimants initial USD832m. I think they are appealing against the awarded Sum arises from a question of law arising out of the awards. | ||||
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AhTan888
Senior |
11-Jun-2025 19:42
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If I remember correctly, the award is refund of deposit of Usd3M+ right?
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joehoe
Member |
11-Jun-2025 19:12
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The Board of Directors (&ldquo Board&rdquo ) of Yangzijiang Shipbuilding (Holdings) Ltd. (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its previous announcements dated 12 October 2024 and 3 March 2025 respectively in relation to certain arbitration proceedings. Terms capitalized in this announcement bear the meanings ascribed to them in those earlier announcements. The Company wishes to update shareholders that the English High Court has granted the Claimants leave the Awards. The Group is working closely with its legal advisers in respect of the appeal proceedings and will continue to monitor developments closely. The Company will make further announcements to update shareholders of any material developments in relation to the Arbitration or appeal, as and when appropriate. Shareholders are advised to refrain from taking any action in respect of their securities in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the securities of the Company. In the event of any doubt, shareholders and potential investors should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers. |
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PQTPQK
Supreme |
11-Jun-2025 16:08
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seem like strong accumm....?
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positivity88
Veteran |
11-Jun-2025 11:26
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Has anyone thought of this? In the event even if yzj doesn?t get new orders, they will continue to build for their charter business and build up their maritime assets which gonna get listed or spinner off from yzj financial. In the end the ship building business will still continue to prosper after trump finishes his term. Long and hold for the long term. My 2 cents worth | ||||
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blesspeggy
Senior |
11-Jun-2025 08:09
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Lutnick says US-China trade framework should resolve rare earth issue By Reuters June 11, 20257:39 AM GMT+8Updated 29 min ago | ||||
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blesspeggy
Senior |
11-Jun-2025 07:55
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China's Li says US-China reach framework on trade, will report back to leaders By Reuters June 11, 20257:11 AM GMT+8Updated 42 min ago | ||||
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BinderyT
Elite |
10-Jun-2025 23:33
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lol ... I riding on SOXX :). heck ... went up so much and talk not even finish. Deciding whether to take profit and run.
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CheongArgh
Master |
10-Jun-2025 16:27
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Bro, go look at Rex, suddenly tua cheong !!!
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BinderyT
Elite |
10-Jun-2025 11:31
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Someone holding zero stock but making noise in multiple forums everyday. Doesn' t have a life. Pathetic.
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AhTan888
Senior |
10-Jun-2025 10:15
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https://www.tradewindsnews.com/containers/container-ship-newbuilding-orders-hit-fresh-all-time-high/2-1-1830397 | ||||
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morgany
Veteran |
10-Jun-2025 10:14
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With this news, more LNG carrier orders coming to China, especially YZJ because they are cheap and and they are the expert in building dual fuel carrier...
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dontbetray
Master |
10-Jun-2025 09:59
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sell on news after xi trump meeting
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kt3152
Supreme |
10-Jun-2025 09:17
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Seems like not broken leh...
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BinderyT
Elite |
10-Jun-2025 08:56
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By now, the risk of disagreement or breakdown is now increasing. Don' t get too optimistic. |
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PiRPiR
Master |
10-Jun-2025 02:21
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https://splash247.com/?p=224545 | ||||
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joehoe
Member |
09-Jun-2025 15:52
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Another good news for Chinese shipbuilding.
USTR makes concessions for car carriers and LNG shipments in latest China tonnage port fees twistFor car carriers and LNG tankers, the US Trade Representative (USTR) on Friday rowed back on its plans to penalise Chinese-linked tonnage. In April, the USTR detailed plans to start charging China-linked tonnage calling at US ports from the middle of October this year, in a bid to both curb China&rsquo s dominance in the field of shipbuilding as well as boost domestic shipyard capabilities. The measures have attracted plenty of criticism with the USTR now deciding it will charge Chinese-linked car carriers not on a car equivalent unit-basis, but on net tonnage, suggesting that this is easier to apply. For LNG carriers, the office of the USTR has listened to the concerns raised by the American energy producers. Under earlier guidelines from the USTR, LNG shippers would have been required to move 1% of US LNG exports on US-built, operated and flagged vessels within four years or risk losing their LNG export licences. The US LNG industry has made clear its concerns this rule could block exports or disrupt the energy business with the USTR deciding to remove the threat of removing export licences. Only three of the 800 LNG carriers in the fleet today are US-built, all dating back to the 1970s. |
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piscesmonkey
Supreme |
09-Jun-2025 15:21
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Support 228 broken. So 218 lailai?
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piscesmonkey
Supreme |
09-Jun-2025 15:19
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Already hit 😁
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