Yangzijiang Shipbuilding’s recently spun-off financial arm is setting up a new maritime investment fund with initial capital of up to $250m.
China’s largest privately owned shipbuilder is contributing $100m to the fund with the rest set to come from investors via a private placement.
Yangzijiang said the fund would focus on vessels in the gas sector, including LNG, LPG, liquefied ethane gas, methanol, hydrogen, ammonia and CO2.
