A Quick Look at the Businesses
YZJ is one of the largest private shipbuilders in China. The company’s shipbuilding segment focuses mainly on large and medium-sized commercial vessels such as container ships, bulk carriers, and oil tankers. Its order book value (US$22.3 billion as of 19 May 2026), momentum of new order contracts, and delivery timelines are key metrics for investors to focus on. Concurrently, YZJ has a ship chartering business where it leases its fleet of vessels to external customers based on spot charter rates....The marine and offshore sector has seen a new breath of life recently on the back of strong shipbuilding demand and a revival in energy security concerns, which has facilitated the resurgence of offshore investment.
In Singapore, two titans dominate: Yangzijiang Shipbuilding (Holdings) Limited (SGX: BS6), or YZJ, and Seatrium Limited (SGX: 5E2).
The two companies operate in the maritime industry, but they are very different businesses.
Which is a more attractive buy today? Let’s find out.
