Campbell Johnston Clark (CJC) has successfully assisted Yangzijiang Maritime Development (YMD) in securing its primary listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST). This achievement has resulted in a market capitalisation of approximately S$2.15b for YMD.
The London-based team at CJC, led by James Clayton, Partner and head of the Commercial and Finance practice, and Consultant Alastair Macaulay, played a pivotal role in this process. Clayton remarked, “This project was a real highlight for our commercial team in 2025, and offered an excellent demonstration of CJC’s capabilities across a broad range of requirements as English, Marshall Islands and Liberian legal counsel in bringing YMD to market.”
The listing process involved collaboration with several legal entities, including Rajah & Tann Singapore as lead counsel, Carey Olsen Singapore for British Virgin Islands law, DeHeng Law Offices for PRC law, and Arias Fabrega & Fabrega for Panama law.
YMD, incorporated in Singapore, focuses on investing in vessels for charter and sale, alongside offering financing solutions such as sale-and-leasebacks and pre-delivery loans. This listing follows the earlier public offerings of Yangzijiang Shipbuilding in 2007 and Yangzijiang Financial Holdings in 2022.
Ren Yuanlin, Executive Chairman and CEO of YMD, expressed optimism about the future, stating, “We see tremendous growth opportunities for Yangzijiang Maritime. This milestone reflects our vision in the potential of our maritime platform, as we continue to create long-term value and work towards sustainable and transformative growth.”
