Latest Forum Topics / YZJ Shipbldg SGD Last:2.54 -0.01 | Post Reply |
Cruising with the ship ..Yangzijiang
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ascend88
Senior |
04-Sep-2013 15:36
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nice....if u notice....its not gg down at all....   building a base at 94c
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cheongsl
Master |
04-Sep-2013 12:23
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BDI started to raise again close at 1168 yesterday. | ||||||||
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oldflyingfox
Master |
03-Sep-2013 08:51
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I think is the same order just starting to build now.
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darkknight
Member |
02-Sep-2013 18:16
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can provide the URL link to the below information? A bit confused, is this a new Jack up rig order or the  2012 order  with Explorer I that worth only $170M?
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samson
Veteran |
02-Sep-2013 11:24
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Yangtze River will start building's first offshore jack-up drilling platform 
        Recently, the Yangtze River shipping industry announced that its subsidiary Jiangsu Yangtze River Marine Engineering Co., Ltd. (Yangtze marine) is preparing to 350 ft Le Tourneau " super enhanced 116E" -type self-propelled jack-up drilling rigs started cutting steel. |
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cheongsl
Master |
30-Aug-2013 19:56
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Buy some today at 0.94. | ||||||||
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samson
Veteran |
29-Aug-2013 15:47
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Exemption from the Ministry of Transport and shipping enterprises cancellation fees List Source: China Maritime Service CNSS 2013-08-29 13:58:38    (From left to right are: Wang Zhiming, Liangxiao An, Zheng Heping) August 29, the Ministry of Transport held a special press conference to announce a clear specification Water SheQi charges related work situations. According to reports, the total cancellation , shall be exempted from the seven categories of administrative fees charged in the 10 specific projects , to cancel or suspend the collection of four regulatory services fees, and to take measures to regulate the operational and service charges. International and domestic shipping companies to help solve serious out of the current predicament of the important initiatives Chinese maritime service network compiled a summary of which Ministry of Transport and Water Board, Maritime Bureau specific cancellation and exempt from the toll project . Which the Ministry of Transport Maritime Bureau canceled and waived fees Project : 1, to cancel the ship out of China's coastal ports escort fees. Maritime authorities decided to cancel the shipping company for the ship escorted out of China's coastal ports and maritime sector by providing escort services. 2, cancel out of the Yangtze River ship escort fees. 3, the cancellation of large LNG ship out of Hong Kong escort fees. 4, eliminating cargo shippers and agents assume unpacking containers carrying dangerous goods inspection process sampling inspection fees. 5, cancellation ship fuel during refueling operations building booms of the cost. Vessels engaged in bulk, liquid, hazardous chemicals for water lightering operations, in accordance with the People's Republic of China " Prevention of Pollution from Ships environmental management regulations" should be laying booms, through research by the oil operations against ships for ways to cancel the maritime sector laying booms costs associated with the column. 6, pause International Ship cleared before the ship left the Chinese port of pollutants prescribed by the ship choose pollutant cleanup port. This measure prevents the ship anchored in international voyages repeated domestic ports in cleanup costs charged pollutants. 7, to suspend the internal transport of coal physical properties testing mandatory. In accordance with domestic routes to transport coal on the implementation of " the International Maritime Solid Bulk Cargoes matters related regulations" requirements, cargo shipper or agent of the need for testing the physical properties of coal. Now cancel enforceable regulations that will reduce testing costs shipping companies. Ministry of Transport and Water Board canceled and waived fees Project : 1, ship trading service agencies regulate charges . Water Board shall not be required to ship trading profit service organization for the primary purpose principle. Will ship trading service fees associated with shipping price to pay-scale fees, charging methods to solve the high fees and not unified. 2, on the shipping company belongs wholly owned or holding subsidiaries, and between the merger and reorganization of shipping enterprises, involving a change of ownership ship free transactions. For large shipping companies to carry out structural adjustments to facilitate and reduce the burden on enterprises. 3, start sun pilotage work. Pilotage pilotage organizations active disclosure requirements planning, pilotage operations tug assisted standards, pilotage fees content, accept social supervision. 4, to strengthen market supervision and shipping agency. At present, some ports the ship agency mandatory for domestic ship agency, increased the burden on the domestic shipping companies, for which the Department of Transportation requires all incoming administration departments to strengthen supervision and inspection of the ship agency market, according to the law for violations investigated. Meanwhile, the Ministry of Transport and Water Board and the State Development and Reform Commission is investigating to sort out the port fees relations, regulating port unreasonable charges.   |
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samson
Veteran |
28-Aug-2013 22:47
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China: YZJOE Starts Construction of Le Tourneau Jack-Up Drilling RigPosted on Aug 28th, 2013
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samson
Veteran |
25-Aug-2013 14:04
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samson
Veteran |
25-Aug-2013 13:49
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Source: Ta Kung Pao 2011-08-12 09:08:20     Figure: Yangzijiang Shipbuilding will be spending huge sums to improve strength and confidence to the new ship orders
      Singapore-listed China Jiangsu Yangtze River Shipyard chairman Ren Yuanlin said in Singapore yesterday, will be invested in 2013 before four billion yuan (about 623.2 million U.S. dollars), making the shipyard shipbuilding capacity doubled from the current annual amount of 3.5 million truck shipbuilding tonnes to 700 million dwt.         His concerns China to the outside world the problem of excess shipbuilding capacity will, no positive response, but expressed confidence that will receive the new ship orders, because the plant is being designed new ship products, and in capital allocation and utilization on access to bank support.         Ren Yuanlin said the new Yangtze River docks and dock lands and new rich, fully developed in 2013, the shipbuilding capacity will be doubled. All expansion project will be the construction companies cash in bank borrowings. As of the end of June, total orders handheld Yangzijiang is 126, worth $ 5.5 billion. |
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samson
Veteran |
25-Aug-2013 13:47
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Yangzijiang Shipbuilding: VLGC orders for Chinese yards? â?? Potential VLGC orders? â?? YZJâ??s expertise mainly in other areas â?? Still weathering the storm well China building up a VLGC fleet? According to Platts, a number of Chinese firms are seeking older Very Large Gas Carriers (VLGCs). China does not have a VLGC fleet, but with imports expected to rise along with developments of several propane dehydrogenation plants, China may seek to cut costs by developing its own fleet for longdistance trips. For instance, China Oriental Energy (Donghua Energy) is building a 1.2m mt/year PDH plant for producing propylene at Zhangjiagang and is said to have placed orders for six VLGCs, with up to 16 options at a Chinese yard. Potential orders for YZJ? But could be early days yet Plattsâ??s sources said that discussions between China Oriental Energy and Yangzijiang Shipbuilding could be restarted, but a final agreement has yet to be reached. Meanwhile, we note that while YZJâ??s Xinfu yard has plans to build large vessels and has an annual  production capacity of up to 10 Very Large Crude Carriers (VLCCs), the groupâ??s capabilities remain primarily in containerships and bulk carriers. Currently, Chinaâ??s top VLCC yards are mainly held by China State Shipbuilding (CSSC) and China Shipbuilding Industry Corporation (CSIC), which are state-owned firms. Aiming to be amongst the select few left standing With more than 1,500 yards in China, YZJâ??s CEO expects that more than half of the countryâ??s yards will have to be closed down, and of the remainder, only 20% are likely to be profitable. In our view, what is imperative for YZJ is to continue its smooth execution, secure orders (albeit at almost breakeven levels), scale up the value chain by building green vessels and developing its offshore capabilities, while waiting for the industry consolidation to run its course. Should it be one of the few large yards left standing when the dust has settled, YZJ would then find itself in a stronger position than before. Maintain HOLD with S$0.99 fair value estimate. (Low Pei Han) . . . . . OCBC Investment Research Market Pulse 23 Aug 2013 |
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samson
Veteran |
24-Aug-2013 10:32
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Adversity Yangtze River shipping industry earnings of the Road Source: China Ship Online 2013-08-23 13:39:36    Although the Yangtze River shipping industry in the first half net profit decline, but with most operating at a loss compared to shipbuilding enterprise status, the Yangtze River shipping industry over $ 1.5 billion net profit performance has been really easy. August 7, one of China's largest private shipbuilding enterprise Yangtze River shipping industry on the Singapore Exchange Limited Interim Report released in 2013. According to reported, Yangtze River shipping industry in the first half net profit of 15.2 billion yuan, down 20%. In this regard, the Yangtze River shipping industry in the mid-year report explained that quarter, primarily due to a decline in the shipbuilding business income excessive actions, but the results for the second quarter has been a noticeable rise. According to insiders, assessment, despite the Yangtze River shipping industry in the first half net profit decline, but in the whole context of the shipbuilding industry in the doldrums, with the majority of enterprises are operating at a loss compared to shipbuilding, Yangtze River shipping industry over $ 1.5 billion in net income performance has been really difficult .
Yangzijiang chairman Ren Yuanlin Aug. 12 interview that, benefiting from the cost of management control, before the financial crisis as well as the maintenance of high-priced orders ship diversified business of exploration, the company's performance has better performance than the industry status quo. Ren Yuanlin also revealed that, in addition to the future development of shipbuilding industry, the marine business is an important direction for future development of enterprises, and shipping leasing, non-boat manufacturing, financial investments and retrofit of the real estate business will be an important contribution to the part of the corporate profits. For the recently introduced national shipping industry Deal, Ren Yuanlin said that the New Deal on the torment of private shipbuilding enterprise is certainly a major positive, but this upgrade policy for further details have yet to be introduced in order to play a role.
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samson
Veteran |
24-Aug-2013 10:24
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Ships price and ship financing round towards recovery Source: International Ship Network 2013-08-23 11:09:48 With the expected recovery of the European economy to the new shipbuilding orders have become increasingly active, there are foreign investors proposed to increase the newbuilding prices. Korea Investment analyst Kim Hyun said the second quarter of this year, second-hand vessels and newbuilding vessel prices stable towards recovery, and the first half of global ship financing amounted to $ 28.53 billion, an increase of 35.8%. European banks and now in the field of ship financing plays a key role in the United States, Asian banks showing signs of recovery, is the key to recovery shipbuilding market. Kim Hyun said, " European manufacturing purchasing managers index (PMI) has clearly rebounded, had caught in a quagmire of debt in Greece and Spain are also expected to emerge from the crisis, especially the more positive is that German banks exceeded the domestic financial market ship, trying to change the ship financing of evaluation system. " For newbuilding prices, the analyst explained, " second-hand boat price growth seems to shift to the new building prices, although there is not a cyclical recovery in the shipbuilding market, but the shipyard has enough orders on hand, and LNG ships and marine equipment market fiery, newbuilding prices to give full confidence. " Kim said: " LNG demand began to grow, market supply and demand gradually balance the ship, ship finance recovery and other favorable factors, demonstrating newbuilding price rise is expected trend toward a theoretical and practical basis. " Since the 2008 financial crisis, the shipbuilding market towards the hot from the cold cycle, the current shipbuilding market recovery is expected to increase in the year after the spread Shipyard shares rose.   |
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Hawkeye
Veteran |
23-Aug-2013 11:32
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VLGC ORDERS FOR CHINESE YARDS?
China building up a VLGC fleet? According to Platts1, a number of Chinese firms are seeking older Very Large Gas Carriers (VLGCs). China does not have a VLGC fleet, but with imports expected to rise along with developments of several propane dehydrogenation plants, China may seek to cut costs by developing its own fleet for longdistance trips. For instance, China Oriental Energy (Donghua Energy) is building a 1.2m mt/year PDH plant for producing propylene at Zhangjiagang and is said to have placed orders for six VLGCs, with up to 16 options at a Chinese yard. Potential orders for YZJ? But could be early days yet Platts?s sources said that discussions between China Oriental Energy and Yangzijiang Shipbuilding could be restarted, but a final agreement has yet to be reached. Meanwhile, we note that while YZJ?s Xinfu yard has plans to build large vessels and has an annual production capacity of up to 10 Very Large Crude Carriers (VLCCs), the group?s capabilities remain primarily in containerships and bulk carriers. Currently, China?s top VLCC yards are mainly held by China State Shipbuilding (CSSC) and China Shipbuilding Industry Corporation (CSIC), which are stateowned firms. Aiming to be amongst the select few left standing With more than 1,500 yards in China, YZJ?s CEO expects that more than half of the country?s yards will have to be closed down, and of the remainder, only 20% are likely to be profitable. In our view, what is imperative for YZJ is to continue its smooth execution, secure orders (albeit at almost breakeven levels), scale up the value chain by building green vessels and developing its offshore capabilities, while waiting for the industry consolidation to run its course. Should it be one of the few large yards left standing when the dust has settled, YZJ would then find itself in a stronger position than before. Maintain HOLD with S$0.99 fair value estimate. 1?BW Group orders 4 new VLGCs from South Korea?s Hyundai Heavy Industries?. 14 Aug 2013. Key financial highlights HOLD (maintain)
Analysts
Key information Market cap. (m) S$3,583 / USD2,797 Avg daily turnover (m) S$10 / USD8 Avg daily vol. (m) 10.6 52wk range (S$) 0.795 1.155 Free float (%) 48.5 Shares o/s. (m) 3,832.1 |
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ascend88
Senior |
22-Aug-2013 16:30
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wow....nice...may even close green .... |
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WanSiTong
Master |
22-Aug-2013 15:41
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Wow! How lucky for those who " hope" the durians this morning at 0.88!! |
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ruanlai
Master |
22-Aug-2013 10:25
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China PMI (AUG 2013) 50.1 (EST 48) VS JUL 2013 47.7 | ||||||||
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dippyboy
Member |
22-Aug-2013 05:27
Yells: "Plsdoyourownhomework.Personalopinion,Disclaimerapplies." |
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Very strong rsi divergence and macd retreating. Imminently technically bearish. | ||||||||
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cheongsl
Master |
21-Aug-2013 21:38
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BDI have been on the rised after the correction from 12 August, currently reaching 1145, can it break the 1July high of 1179? | ||||||||
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samson
Veteran |
18-Aug-2013 11:52
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ANGZIJIANG target $1.00, ROXY-PACIFIC 79.5 cents
Monday, 12 August 2013 12:03
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