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YZJ MARITIME latest developments
1. H1 2026: revenue strong, but profit temporarily weaker
2. US$500m vessel sales pipeline, this is the important development
YZJ Maritime has now signed contracts to monetise 12 newbuild vessels worth approximately US$500m over the past nine months.
Most recently, on 6 August, it signed contracts to sell four ~40,000-DWT bulk carriers, with deliveries between April 2027 and May 2028.
The company expects these transactions to contribute positively to FY2026 ~ FY2028 earnings, subject to delivery and accounting recognition.
This demonstrates the business model:
Buy/order vessels lease/hold/ sell crystallise gain recycle capital buy more vessels
That recycling capability is arguably the most attractive part of YZJ Maritime.
3. New financing secured
On 13 August, YZJ Maritime announced financing agreements for four vessels worth US$42.2m.
This is important because the company can expand its vessel portfolio without having to fund everything from shareholders& rsquo equity.
4. Fleet expansion is accelerating
The company has been aggressively building its pipeline.
In January it announced up to 16 new vessels six firm orders plus 10 options.
By April, the fleet/newbuild portfolio had expanded further, and the company said the newbuilds would be funded through a combination of equity co-investment and debt financing.
DBS expects 6 ~ 8 newbuild deliveries in 2H2026 and about 15 in 2027, which could provide a substantial earnings step-up.
💰 5. Balance sheet remains a major strength
At 30 June 2026:
1. H1 2026: revenue strong, but profit temporarily weaker
- Total income +49% YoY to US$81.6m
- Maritime Business income +70% to US$51.7m
- Net profit US$44.9m, down 29%
- Higher operating costs from the rapidly expanding maritime asset portfolio and FX losses were the main reasons for the profit decline.
2. US$500m vessel sales pipeline, this is the important development
YZJ Maritime has now signed contracts to monetise 12 newbuild vessels worth approximately US$500m over the past nine months.
Most recently, on 6 August, it signed contracts to sell four ~40,000-DWT bulk carriers, with deliveries between April 2027 and May 2028.
The company expects these transactions to contribute positively to FY2026 ~ FY2028 earnings, subject to delivery and accounting recognition.
This demonstrates the business model:
Buy/order vessels lease/hold/ sell crystallise gain recycle capital buy more vessels
That recycling capability is arguably the most attractive part of YZJ Maritime.
3. New financing secured
On 13 August, YZJ Maritime announced financing agreements for four vessels worth US$42.2m.
This is important because the company can expand its vessel portfolio without having to fund everything from shareholders& rsquo equity.
4. Fleet expansion is accelerating
The company has been aggressively building its pipeline.
In January it announced up to 16 new vessels six firm orders plus 10 options.
By April, the fleet/newbuild portfolio had expanded further, and the company said the newbuilds would be funded through a combination of equity co-investment and debt financing.
DBS expects 6 ~ 8 newbuild deliveries in 2H2026 and about 15 in 2027, which could provide a substantial earnings step-up.
💰 5. Balance sheet remains a major strength
At 30 June 2026:
- Net assets US$1.8 billion / S$2.3 billion
- NAV/share & asymp S$0.609
- Cash US$238m
- No excessive leverage
- ROE currently around 6 ~ 7% territory.
Read somewhere one 20 over years tanker also command very high resale Price
Yangzijiang Maritime stacks orderbook
with up to six stainless steel chemical tankers
Ren Yuanlin-led company joins forces with Taihua Ship Management on $276m chemical tanker order
https://www.tradewindsnews.com/tankers/yangzijiang-maritime-stacks-orderbook-with-up-to-six-stainless-steel-chemical-tankers/2-1-2033137
I think long holders can be hopeful of YZJM, as for YZJF, the least talk about it, the better. With CGS' s Q50 listing on 3.9.26, the ETF will have to buy the Next 50 constituent stocks, and we know YZJM and YZJF are 2 of the constiuent stocks. The way Q50 is structured, I think its manager may see some value in YZJM. They can buy it to position for growth, which is visible from FY27-FY30. Besides, it has no debt with huge cash value. However, with iFast, Sheng Xiong, Nanofilm and the likes also in the constituents, the manager of Q50 may not buy a lot of YZJM too. In contrast, iFast and Sheng Xiong may see their weightage approaching the 10% limit. We can wait and see clear picture fro 3.9.26 onward.
How Yangzijiang Maritime Is Quietly
Disrupting The Global Shipping Cycle
https://www.youtube.com/watch?v=56o6ON1k940
Disrupting The Global Shipping Cycle
https://www.youtube.com/watch?v=56o6ON1k940
sure suppress so can collect more at low price ma.
the actions should start around jan/feb before next fy report.
meanwhile more and more new build will mean more profit. where is the steady state is unknown yet
as they still have leverage not yet use.
the selling market is supported by green, additional demand to go round the cape, some ships being
put out of actions due to war and black fleet.
as a ship is nearer to being complete build the value goes up.
the actions should start around jan/feb before next fy report.
meanwhile more and more new build will mean more profit. where is the steady state is unknown yet
as they still have leverage not yet use.
the selling market is supported by green, additional demand to go round the cape, some ships being
put out of actions due to war and black fleet.
as a ship is nearer to being complete build the value goes up.
Seems like YZJ FH and Maritime counters are always being suppressed be it STI in green or red?..
BB is suppressing the price. Multiple attempts to break above 0.585 have failed, and the price has retreated to 0.57.
We may need to wait for BB to complete its accumulation.
We may need to wait for BB to complete its accumulation.
More positive developments from YMD :
https://splash247.com/yangzijiang-maritime-piles-into-product-tankers-with-six-ship-order/
https://splash247.com/yangzijiang-maritime-piles-into-product-tankers-with-six-ship-order/
&ldquo management' s stated strategy of locking in sale contracts early while vessels are still under construction is a repeatable model that reduces execution risk relative to spot-market resale.&rdquo
i coin a term call ship flower. like a farmer plant the plant flower, turn into fruits then grow towards ripe fruits for harvest. but one also can sell it at early stage of flowering. so i call view this ship order and early stage of building as ship flower.
real estate has created many rich people by doing this building flower sale. it shorten the build time to sale cycle, therefore allowing them to have quick turn over instead of a few years.
so this build ship sell ship flower also shorten the cycle and thus has a great impact on valuation.
dyodd
i coin a term call ship flower. like a farmer plant the plant flower, turn into fruits then grow towards ripe fruits for harvest. but one also can sell it at early stage of flowering. so i call view this ship order and early stage of building as ship flower.
real estate has created many rich people by doing this building flower sale. it shorten the build time to sale cycle, therefore allowing them to have quick turn over instead of a few years.
so this build ship sell ship flower also shorten the cycle and thus has a great impact on valuation.
dyodd
Black cat white cat if can catch the mouse is a good cat lah.....see the price action to decide.
This is the Analyst breifing summary :-
XXXXXXXXXXX
13 Aug 2026
Earnings upcycle ahead
Core performance broadly in line.YZJ Maritime&rsquo s 1H26 reported net profit fell 29% y/y to USD44.9mn due largely to forex swing for the legacy financial assets. Excluding forex impact (-USD5.6mn in 1H26 vs +USD16.1mn in 1H25), core profit inched up slightly, +7% to USD50.5mn, boosted by higher financial asset fair value gain (+USD12.2mn vs expectation of +USD5mn) and other income (+USD4.7mn largely due to one-off legal settlement gain, and some government rebates & GST remission).
This was partially offset by 52% y/y decline in JV/associate profit contribution to USD7.0mn in the absence of major vessel sale gains.
Total income rose 49% y/y to USD81.6mn, with the core Maritime Business segment contributing two-thirds of it. Income from maritime fund assets climbed 64% y/y to USD50.0mn, driven by charter income of USD23.8mn (+77% y/y) and finance lease interest of USD21.4mn (+39% y/y) as the fund' s vessel portfolio expanded. The group secured leasing agreements for 13 vessels (USD89.8mn contract value), ordered 8 VLCC newbuilds, sold 4 new MR tankers and 4 newbuild bulk carriers, taking the fleet to > 120 vessels including 76 newbuilds under construction. Maritime operating cost outpaced income growth, rising 186% y/y to USD26.9mn, on higher voyage costs, transit fees, startup expenses and a change in chartering strategy (from timecharter to voyage resulting in higher operating cost).
Fleet expansion and newbuild deliveries to drive sequential growth. We see earnings trajectory to be back-loaded this year, with 7 deliveries expected n 2H26 (2 vessels in 1H26 on charter), of which two have secured sales contracts. The USD500mn of vessel sale contracts signed, spanning 12 newbuild vessels with deliveries through 2028 (2/7/3 vessels for 2H26-2028), provide a visible runway for capital gains recognition across FY26-28, and management' s stated strategy of locking in sale contracts early while vessels are still under construction is a repeatable model that reduces execution risk relative to spot-market resale.
The structural backdrop remains constructive, with IMO decarbonisation requirements and geopolitical rerouting supporting demand fornewer, more fuel-efficient tonnage, both of which play to YZJ Maritime' s asset-light, discounted-shipyard-access model (targeting vessel build costs up to 20% below prevailing first-tier market prices). On capital management, the unleveraged, net-cash balance sheet (USD238mn cash, zero borrowings) gives the group optionality to layer in leverage, bank borrowings, or asset-backed loans, to lift targeted project IRRs from the 10-15% unleveraged range toward the 20-30% leveraged range, and the June 2026 share buybacks signal management' s confidence that the share price does not yet reflect intrinsic NAV. Key swing factors for the next 12 months are the pace and pricing of newbuild deliveries, the durability of charter rates across tanker, gas carrier and bulker segments, any of which could move reported earnings materially.
Earnings revisions. We have lowered our FY26F net profit (ex-forex) by 8%, factoring in slower vessel sales. We expect the group to divest another 3 vessels in 2H26, bringing total vessel sales to 5 units for 2026. We are leaving our FY27 forecasts intact, supported by 7 confirmed vessel sales.
Newsflow on vessel sales should be a key catalyst, supporting earnings growth visibility of over 30% from 2H26 onward ahead of the 2H26 results. We believe the current price weakness, driven by market disappointment over the slower pace of vessel sales, represents an attractive entry point given the deliberate rather than structural nature of the sales deferral, alongside a constructive tanker demand thesis underpinned by the renewal cycle, AI-driven demand and geopolitical disruption.
Key takeaways from briefing:
Higher operating costs hit by startup cost for new vessels, management clarified that the elevated maritime operating cost reflects one-off deployment and start-up costs of USD0.8-1.0mn per new vessel entering the fleet (3 additions in 1H26 2 vessels off-hire for overhaul). Management sounded more constructive on spot voyage charter in view of the freight rates uptrend.
9/16/24 vessel deliveries in 2026/2027/2028. Two 18.5k dwt tankers were delivered in 1H26 and entered chartering fleet while two MR tankers were delivered in Jul-2026. 5 more vessels are scheduled to deliver by year end, taking full year deliveries to 9 vessels. Looking into 2027, group expects 16 vessel deliveries, a further 24 units in 2028, and 27 units in 2029 and beyond. This bodes well for 20-30% earnings growth ahead.
Newbuild pipeline and strategy. Management updated that the newbuild orderbook has grown to 76 vessels totaling over USD4bn to-date, with about 90% to be delivered before 2030 (exceptions being 2 VLCCs and 2 LR2s slated for 2031). Each vessel is expected to generate USD6-10mn profit (15-25% margin) plus roughly USD2mn newbuild margin, depending on selling price, based on our ballpark estimates. Management reassured investors on the buoyant resale market. The deferral of vessel sales, only 2 in 2H26, 7 in 2027 and 3 in 2028, was a deliberate strategic move to capture the tanker price uptrend rather than a reflection of weak demand. Vessels are mostly jointly owned with shipowner partners, with YZJ Maritime typically holding a 80-85% stake, and partners such as Scorpio has the capability to operate the vessels and can guarantee a minimum return (~8%) in weak freight environments.
Shipbuilding upcycle has legs to run. Management sees the cycle peaking around 2030, potentially extending as far as 2036, given constrained yard and engine capacity, with slots already stretching into 2029-2030. On VLCC oversupply concerns, management pointed to the 12.5% stake given to Scorpio as a risk-sharing mechanism, noting YZJ Maritime retains at least a 5% cost advantage even building the vessels at tier 1 yards. Longer-term, management floated a target of around 100 newbuilds. On FX, RMB appreciation from 7.2 to 6.75 against the USD has compressed the build cost advantage from around 20% to 15%, though this has been partly offset by rising newbuild prices market-wide further USD depreciation remains a key risk to newbuild margins given construction is based in China yards.
Cost advantage of YZJ Maritime vessels. The MR and LR tankers ordered by YZJ Maritime carry a 15-20% cost advantage versus peers, providing a buffer for resale and chartering economics. We understand of the 12 vessels, the first batch of 4 MR tankers achieved 15-17% margin at ~USD45mn per vessel (50% stake), the second batch of 4 MR achieved 25-27% margin at ~USD48mn per vessel (85% stake), and hopefully > 30% for upcoming tanker sales, while another 4 units of 40k dwt vessels are running at 20-23% margin.
XXXXXXXXX
Chartering rates guaranteed minimum margin ~8% even during weak freight environments, vessel sales margin generally 15~25% margin.
YMD future seems very bright ....
XXXXXXXXXXX
13 Aug 2026
Latest Report
Maritime alpha generator
- Core earnings in line FY26F earnings forecast lowered by 8% on slower vessel sales due to timing
- Newbuild orderbook grew to 76 vessels totaling > USD4bn balance sheet remains unleveraged, leaving room for further fleet growth
- Delivery of 7 newbuild vessels in 2H26 and ~16 in FY27 to drive growth sale contracts secured for 12 vessels worth USD500mn, of which, 2/7/3 vessels to be delivered and recognised in 2H26-2028
- Reiterate BUY TP of SGD0.88 stock offers decent 3-4% yield
Earnings upcycle ahead
Core performance broadly in line.YZJ Maritime&rsquo s 1H26 reported net profit fell 29% y/y to USD44.9mn due largely to forex swing for the legacy financial assets. Excluding forex impact (-USD5.6mn in 1H26 vs +USD16.1mn in 1H25), core profit inched up slightly, +7% to USD50.5mn, boosted by higher financial asset fair value gain (+USD12.2mn vs expectation of +USD5mn) and other income (+USD4.7mn largely due to one-off legal settlement gain, and some government rebates & GST remission).
This was partially offset by 52% y/y decline in JV/associate profit contribution to USD7.0mn in the absence of major vessel sale gains.
Total income rose 49% y/y to USD81.6mn, with the core Maritime Business segment contributing two-thirds of it. Income from maritime fund assets climbed 64% y/y to USD50.0mn, driven by charter income of USD23.8mn (+77% y/y) and finance lease interest of USD21.4mn (+39% y/y) as the fund' s vessel portfolio expanded. The group secured leasing agreements for 13 vessels (USD89.8mn contract value), ordered 8 VLCC newbuilds, sold 4 new MR tankers and 4 newbuild bulk carriers, taking the fleet to > 120 vessels including 76 newbuilds under construction. Maritime operating cost outpaced income growth, rising 186% y/y to USD26.9mn, on higher voyage costs, transit fees, startup expenses and a change in chartering strategy (from timecharter to voyage resulting in higher operating cost).
Fleet expansion and newbuild deliveries to drive sequential growth. We see earnings trajectory to be back-loaded this year, with 7 deliveries expected n 2H26 (2 vessels in 1H26 on charter), of which two have secured sales contracts. The USD500mn of vessel sale contracts signed, spanning 12 newbuild vessels with deliveries through 2028 (2/7/3 vessels for 2H26-2028), provide a visible runway for capital gains recognition across FY26-28, and management' s stated strategy of locking in sale contracts early while vessels are still under construction is a repeatable model that reduces execution risk relative to spot-market resale.
The structural backdrop remains constructive, with IMO decarbonisation requirements and geopolitical rerouting supporting demand fornewer, more fuel-efficient tonnage, both of which play to YZJ Maritime' s asset-light, discounted-shipyard-access model (targeting vessel build costs up to 20% below prevailing first-tier market prices). On capital management, the unleveraged, net-cash balance sheet (USD238mn cash, zero borrowings) gives the group optionality to layer in leverage, bank borrowings, or asset-backed loans, to lift targeted project IRRs from the 10-15% unleveraged range toward the 20-30% leveraged range, and the June 2026 share buybacks signal management' s confidence that the share price does not yet reflect intrinsic NAV. Key swing factors for the next 12 months are the pace and pricing of newbuild deliveries, the durability of charter rates across tanker, gas carrier and bulker segments, any of which could move reported earnings materially.
Earnings revisions. We have lowered our FY26F net profit (ex-forex) by 8%, factoring in slower vessel sales. We expect the group to divest another 3 vessels in 2H26, bringing total vessel sales to 5 units for 2026. We are leaving our FY27 forecasts intact, supported by 7 confirmed vessel sales.
Newsflow on vessel sales should be a key catalyst, supporting earnings growth visibility of over 30% from 2H26 onward ahead of the 2H26 results. We believe the current price weakness, driven by market disappointment over the slower pace of vessel sales, represents an attractive entry point given the deliberate rather than structural nature of the sales deferral, alongside a constructive tanker demand thesis underpinned by the renewal cycle, AI-driven demand and geopolitical disruption.
Key takeaways from briefing:
Higher operating costs hit by startup cost for new vessels, management clarified that the elevated maritime operating cost reflects one-off deployment and start-up costs of USD0.8-1.0mn per new vessel entering the fleet (3 additions in 1H26 2 vessels off-hire for overhaul). Management sounded more constructive on spot voyage charter in view of the freight rates uptrend.
9/16/24 vessel deliveries in 2026/2027/2028. Two 18.5k dwt tankers were delivered in 1H26 and entered chartering fleet while two MR tankers were delivered in Jul-2026. 5 more vessels are scheduled to deliver by year end, taking full year deliveries to 9 vessels. Looking into 2027, group expects 16 vessel deliveries, a further 24 units in 2028, and 27 units in 2029 and beyond. This bodes well for 20-30% earnings growth ahead.
Newbuild pipeline and strategy. Management updated that the newbuild orderbook has grown to 76 vessels totaling over USD4bn to-date, with about 90% to be delivered before 2030 (exceptions being 2 VLCCs and 2 LR2s slated for 2031). Each vessel is expected to generate USD6-10mn profit (15-25% margin) plus roughly USD2mn newbuild margin, depending on selling price, based on our ballpark estimates. Management reassured investors on the buoyant resale market. The deferral of vessel sales, only 2 in 2H26, 7 in 2027 and 3 in 2028, was a deliberate strategic move to capture the tanker price uptrend rather than a reflection of weak demand. Vessels are mostly jointly owned with shipowner partners, with YZJ Maritime typically holding a 80-85% stake, and partners such as Scorpio has the capability to operate the vessels and can guarantee a minimum return (~8%) in weak freight environments.
Shipbuilding upcycle has legs to run. Management sees the cycle peaking around 2030, potentially extending as far as 2036, given constrained yard and engine capacity, with slots already stretching into 2029-2030. On VLCC oversupply concerns, management pointed to the 12.5% stake given to Scorpio as a risk-sharing mechanism, noting YZJ Maritime retains at least a 5% cost advantage even building the vessels at tier 1 yards. Longer-term, management floated a target of around 100 newbuilds. On FX, RMB appreciation from 7.2 to 6.75 against the USD has compressed the build cost advantage from around 20% to 15%, though this has been partly offset by rising newbuild prices market-wide further USD depreciation remains a key risk to newbuild margins given construction is based in China yards.
Cost advantage of YZJ Maritime vessels. The MR and LR tankers ordered by YZJ Maritime carry a 15-20% cost advantage versus peers, providing a buffer for resale and chartering economics. We understand of the 12 vessels, the first batch of 4 MR tankers achieved 15-17% margin at ~USD45mn per vessel (50% stake), the second batch of 4 MR achieved 25-27% margin at ~USD48mn per vessel (85% stake), and hopefully > 30% for upcoming tanker sales, while another 4 units of 40k dwt vessels are running at 20-23% margin.
Chartering rates guaranteed minimum margin ~8% even during weak freight environments, vessel sales margin generally 15~25% margin.
YMD future seems very bright ....
YZJ Maritime after 1H FY2026
🟢 Fundamentals: 8.5/10
🟢 Maritime asset portfolio: 8.5/10
🟢 Profitability: 8/10
🟢 Balance sheet: 9/10
🟡 Valuation after the rally: 7.5/10
🟢 Growth / fleet expansion: 8.5/10
🟢 Long-term outlook: 9/10
Too many short selling in pastr few days .
YZJ Maritime 1H2026 results are fundamentally positive,
but the headline net profit decline can obscure the underlying progress.
Key positives
but the headline net profit decline can obscure the underlying progress.
Key positives
- Total income surged 49%
- US$81.6m vs US$54.6m.
- This is the clearest sign that the business is expanding strongly.
- Core Maritime Business income jumped 70%
- US$51.7m vs US$30.4m.
- This is particularly important because management is deliberately shifting YZJ Maritime toward a larger, more valuable maritime investment platform.
- Maritime fund income increased 64%
- US$50.0m vs US$30.4m.
- The increase reflects the growing portfolio of newbuild vessels.
- US$500m of vessel sales already contracted
- Over the past nine months, YZJ Maritime entered into sale contracts for 12 newbuild vessels, worth approximately US$500m in aggregate.
- These transactions are expected to contribute positively across FY2026, FY2027 and FY2028, subject to completion and accounting recognition.
- Very strong NAV
- Net assets: approximately US$1.8bn / S$2.3bn
- NAV per share: US$0.4747 / S$0.6087 at 30 June 2026.
Yangzijiang Maritime Secures New Agreements to Finance Four Vessels of an Aggregate Value of US$42.2 Million under its Maritime Financing Business
-
The financing agreements cover 4 vessels (2 x chemical tankers, 1 x bulk carrier and 1 x AHTS vessel), which will generate recurring income over the lease periods ranging from 3 months to 8 years.
-
The agreements are expected to have a positive contribution on the Group&rsquo s financial performance throughout the duration of these contracts, barring any unforeseen circumstances.
- The agreements are expected to deliver contracted and predictable cash flows, which align with its broader strategy of optimising overall returns from its maritime assets through proactive asset monetisation with recurring lease income.
Executive Chairman and CEO of Yangzijiang Maritime, Mr. Ren Yuanlin said, &ldquo Together with our vessel monetisation strategy, leasing is another important pillar of our business model, enabling us to optimise the utilisation of our existing fleet of maritime assets while providing a stable and recurring income base.
We remain focused on structuring our financing deals with contracted and predictable cash flows, enabling us to generate stable and sustainable returns. By combining recurring lease income with disciplined capital deployment and proactive asset monetisation, we seek to optimise the value of our trade receivables and maritime assets while strengthening the resilience of our asset-light and capital-efficient business models.
As the backbone of global trade, the maritime industry remains an indispensable cornerstone and core strategic foundation of global economic development, underpinned by resilient demand and structural importance.
Against this backdrop, our asset-light business model aims to generate resilient, multi-source returns across different stages of the maritime cycle.
With a robust and growing fleet of more than 120 vessels including newbuilding orders, Yangzijiang Maritime is well-positioned to take advantage of the evolving opportunities from the global maritime industry.&rdquo
any business win is positive. at the moment most will see the immediate results.
2h26 already know 2 ship deliver. value 90m profit estimate 10m
let said other business grow 20%. 81.6mx1.2 = 97.92m
estimated 2h is 107m sale profit 44.9x1.2+10 = 63.88m
whole year sale 179.52 profit 108.78
27/28/29 will see value up as ship complete build.
i est 20%,30%50% of the current 58 ships delivery.
sale value 738m, 1107m, 1845m for new build.
profit 81m, 121m, 202m
others10%growth
196m, 216m, 238m
profit 119m, 131m, 144m
total sale 936m, 1323m, 2083m
profit 200m, 252m, 346m
est share price @3% div yield
26 - 53cents
27 - 97cents
28 - 123cents
29 - 169 cents.
so price range 57-62 as some will position into future.
not much meat for shorts. some will want to sell to get cash and come
back towards current year end.
my wishful estimate only. dyodd
2h26 already know 2 ship deliver. value 90m profit estimate 10m
let said other business grow 20%. 81.6mx1.2 = 97.92m
estimated 2h is 107m sale profit 44.9x1.2+10 = 63.88m
whole year sale 179.52 profit 108.78
27/28/29 will see value up as ship complete build.
i est 20%,30%50% of the current 58 ships delivery.
sale value 738m, 1107m, 1845m for new build.
profit 81m, 121m, 202m
others10%growth
196m, 216m, 238m
profit 119m, 131m, 144m
total sale 936m, 1323m, 2083m
profit 200m, 252m, 346m
est share price @3% div yield
26 - 53cents
27 - 97cents
28 - 123cents
29 - 169 cents.
so price range 57-62 as some will position into future.
not much meat for shorts. some will want to sell to get cash and come
back towards current year end.
my wishful estimate only. dyodd
The way market reacted to 1H26 results and especially the emphasized $500m pipeline sales next 3-year, would mean this news will not carry much weight, if at all. This is also not the first time YZJM making such news release but when it matter most, they showed the market that profit has dropped 29% yoy for 1H26. So let' s see how market react later.
Sunraku ( Date: 13-Aug-2026 18:17) Posted:
|
Yangzijiang Maritime Secures New Agreements to Finance Four Vessels of an Aggregate Value of US$42.2 Million under its Maritime Financing Business
&bull The financing agreements cover 4 vessels (2 x chemical tankers, 1 x bulk carrier and1 x AHTS vessel), which will generate recurring income over the lease periods ranging from 3 months to 8 years.
&bull The agreements are expected to have a positive contribution on the Group&rsquo s financial performance throughout the duration of these contracts, barring any unforeseen circumstances.
&bull The agreements are expected to deliver contracted and predictable cash flows, which align with its broader strategy of optimising overall returns from its maritime assets through proactive asset monetisation with recurring lease income.
Executive Chairman and CEO of Yangzijiang Maritime, Mr. Ren Yuanlin said, &ldquo Together with our vessel monetisation strategy, leasing is another important pillar of our business model, enabling us to optimise the utilisation of our existing fleet of maritime assets while providing a stable and recurring income base.
We remain focused on structuring our financing deals with contracted and predictable cash flows, enabling us to generate stable and sustainable returns. By combining recurring lease income with disciplined capital deployment and proactive asset monetisation, we seek to optimise the value of our trade receivables and maritime assets while strengthening the resilience of our asset-light and capital-efficient business models.
As the backbone of global trade, the maritime industry remains an indispensable cornerstone and core strategic foundation of global economic development, underpinned by resilient demand and structural importance.
Against this backdrop, our asset-light business model aims to generate resilient, multi-source returns across different stages of the maritime cycle.
With a robust and growing fleet of more than 120 vessels including newbuilding orders, Yangzijiang Maritime is well-positioned to take advantage of the evolving opportunities from the global maritime industry.&rdquo
YZJ Maritime_Press Release_Financing_Aug2026_13Aug final version.pdf
YZJ Maritime_Press Release_Financing_Aug2026_13Aug final version.pdf
Good chance to load, and laughing to the bank next April/May!