Business, Equipment, Logistics

From Worst to Best: A Shipbuilder's Fortunes Turn Around

Yangzijiang Shipbuilding Holdings Ltd., which specializes in dry-bulk carriers, has rallied 83% in 2017 to lead the benchmark Straits Times Index. The Chinese shipbuilding firm has made a comeback after it won 13 contracts worth $318 million in the first quarter, about 40% of its $823 million worth of orders it won last year.

August 7, 2017