The topic took centre stage this week during a presentation that followed the release of the Singapore-quoted company’s second-quarter earnings report.
Yangzijiang pledged to “redirect” resources towards research-and-development and acknowledged that the future of its shipping, logistics and chartering unit isn’t certain.
The group, which oversees a fleet of ten 92,500-dwt bulkers and six 64,000-dwt newbuildings, indicated that it is still willing to place additional orders on its own behalf during market lulls but didn’t rule out the possibility of ending its tour as an owner under certain circumstances.
“Exiting
