China: Yangzijiang Shipbuilding Plans JV with Qatar Investment

Yangzijiang Shipbuilding (Holdings) Ltd., a large shipbuilding enterprise in China, is planning new joint ventures with Qatar Investment Corp (QIC) to move further into the offshore marine business. Yangzijiang agreed with QIC to invest $110m in YZJ Offshore Engineering Pte Ltd (YOEPL), a Singapore-based 50 – 50 joint venture. According to further plans, YOEPL is [...]