The transaction, valued at approximately USD 825.7 million, represents a strategic entry by one of the world’s largest commercial shipbuilders into the containership ownership segment.

Concurrently, Hengyuan Asset Investment Pte. Ltd.—the private investment vehicle wholly controlled by Mr. Ren Letian, Executive Chairman and Chief Executive Officer of Yangzijiang Shipbuilding—acquired an additional 5% equity stake in Poseidon Corp.

Following these transactions, Ocean Network Express (ONE), a major Japanese liner operator, retains its position as the largest shareholder in Poseidon Corp., holding a 49.9% ownership interest.

This investment expands Yangzijiang’s strategic footprint in the container shipping value chain beyond vessel construction, while reinforcing its collaborative relationship with one of the industry’s foremost containership owners.

Resource.: https://mp.weixin.qq.com/s/wKRHMBx4dhGFZkffPQ3Ntg