---
title: "Yangtze River Maritime signed a ship leasing agreement with a total contract value of USD 89.8 million | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282708176.md"
description: "Yangtze River Maritime successfully signed leasing agreements for 13 vessels, with a total contract value of approximately USD 89.8 million, and a lease term of 1 to 8 years, which is expected to bring stable income to the group. These agreements support the group's strategies in asset selection and credit risk management. Yangtze River Maritime's asset portfolio includes 85 vessels, and the stock price rose by 5.65%, closing at CNY 0.66"
datetime: "2026-04-14T14:17:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282708176.md)
  - [en](https://longbridge.com/en/news/282708176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282708176.md)
---

# Yangtze River Maritime signed a ship leasing agreement with a total contract value of USD 89.8 million | Lianhe Zaobao

Yangzijaing Maritime, a company listed on the Singapore Exchange, has successfully signed leasing agreements for 13 vessels, including 12 oil tankers and one anchor handling tug supply vessel (AHTS), with a total contract value of approximately USD 89.8 million (SGD 114 million).

The lease agreements have a term of 1 to 8 years and are expected to provide the group with a stable and continuous source of income, while also supporting the group's prudent strategies in asset selection and credit risk management.

#### Extended Reading

Yangzijaing Maritime denies delisting rumors, Ren Yuanlin: Singapore is very important Yangzijaing Maritime's stock buyback plan approved by shareholders

Yangzijaing Maritime's maritime asset portfolio consists of 85 vessels (including newbuilding orders) and has a robust balance sheet. It will continue to leverage structural cost advantages, deep shipbuilding expertise, and a broad international network to seize opportunities in the global maritime sector.

Yangzijaing Maritime's stock price closed at SGD 0.66 on Tuesday, up 5.65%.

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