Singapore-listed Yangzijiang Shipbuilding plans to resume shipbuilding activity at long-closed Jiangsu Yangzi Changbo Shipyard in China.
One of the four shipyards under the group, the Jiangsu-based facility stopped operations nine years ago due to lacklustre demand for newbuildings at the time.
But now, strong demand for containership newbuildings has driven Yangzijiang to reopen the shipyard.
