YZJ Maritime has announced the successful securing of leasing agreements for 13 vessels, comprising 12 oil/chemical/product tankers and one AHTS vessel, with an aggregate contract value of approximately US$89.8 million.

These agreements, spanning lease periods of one to eight years, are expected to generate recurring income streams while supporting the Group’s disciplined approach to asset selection and credit risk management.

With a maritime asset portfolio of 85 vessels (including newbuilding orders) and a strong balance sheet, Yangzijiang Maritime continues to leverage its structural cost advantages, deep shipbuilding expertise, and extensive international network to capitalise on opportunities within the global maritime sector.

See full media release link here: https://links.sgx.com/FileOpen/YZJ%20Maritime_Press%20Release_Leasing%20Agreements.ashx?App=Announcement&FileID=883941