18 December 2025 – The Commercial, Corporate and Finance Team at Campbell Johnston Clark (CJC) recently assisted Yangzijiang Maritime Development (YMD) to secure its primary listing on the Main Board of the SGX-ST. The successful listing resulted in a market capitalisation for YMD of around S$2.15 billion.
CJC’s London-based team was led by James Clayton, Partner and head of the Commercial and Finance practice, and Consultant Alastair Macaulay.
“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,” said Clayton.
The process also called for CJC to liaise with lead counsel Rajah & Tann Singapore, with Carey Olsen Singapore as British Virgin Islands counsel, DeHeng Law Offices advising on PRC law and Arias Fabrega & Fabrega as counsel on Panama law.
Incorporated in Singapore, maritime-focused company YMD invests in vessels for charter and sale, offers financing solutions such as sale-and-leasebacks, pre-delivery loans, and secured loans through joint ventures and leasing models. Bringing YMD to the SGX-ST market follows the earlier listing of Yangzijiang Shipbuilding (in 2007) and Yangzijiang Financial Holdings (in 2022).
In an official statement following the listing, Ren Yuanlin, Executive Chairman and CEO, Yangzijiang Maritime Development Ltd., said: “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 toward sustainable and transformative growth.”
About Campbell Johnston ClarK
Campbell Johnston Clark (CJC) is an international law firm founded in September 2010 specialising in shipping and international trade. CJC has undergone sizeable expansion in both numbers of solicitors and geographical spread since its opening 15 years ago. We have offices in London, Newcastle, Singapore and Miami with approximately 70 staff and consultants worldwide. We have firmly established our presence in the London and overseas shipping markets with clients and fellow practitioners alike.
We advise on all aspects of the shipping sector, from ship finance to dry shipping and comprehensive casualty handling, and everything that happens in between.
