Market Chatter: BYD Launches 'World's Largest' Vehicle Cargo Ship; Shares Up 5%

MT Newswires Live
23 Apr

BYD (SHE:002594, HKG:1211) has unveiled the "world's largest" vehicle cargo ship, the BYD Shenzhen, as part of its push to expand global deliveries, Xinhua News reported Tuesday.

The 219-meter liquefied natural gas dual-fuel vessel can transport 9,200 vehicles and features green technologies to meet International Maritime Organization environmental standards, according to the report.

This is the electric vehicle maker's fourth such ship, which will soon set sail for Brazil after completing loading operations this week, Xinhua wrote.

BYD shares rose 5% in recent trade on the Shenzhen bourse.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10