Yangzijiang Maritime secures $114m vessel leasing deals across 13 ships

Agreements cover tankers and AHTS vessel with leases from 1 to 8 years.

Yangzijiang Maritime Development Ltd has secured leasing agreements for 13 vessels with an aggregate contract value of $114.17m (US$89.8m), according to a company announcement.

The agreements cover 12 oil, chemical and product tankers, and one anchor handling tug supply (AHTS) vessel with lease durations ranging from one year to eight years.

The company said the contracts are expected to contribute to recurring income over the lease periods, subject to unforeseen circumstances.

As at 31 December 2025, Yangzijiang Maritime reported a portfolio of 85 vessels, including newbuilding orders.

The company said its net assets attributable to equity holders stood at about $2.03b (US$1.6b), equivalent to $59.3 cents (US$46.57 cents) per share.

Separately, the company said its net cash position stood at $509m (US$400.4m) as at end-2025.

SAC Capital Private Limited is the issue manager for the company’s listing on the Mainboard of the Singapore Exchange Securities Trading Limited by way of introduction.

$1 = US$0.79