Cosco Shipyard Group is considering expanding its funding sources and optimising its asset structure, its listed Singapore parent said in a statement today. The Cosco affiliate was forced to issue the release in response to questions from the Singapore Exchange as the stock rose for a sixth straight day.

Cosco Shipyard has suffered a number of cancellations this year and anticipates to report a “significant net loss” in the fourth quarter of this year.

The shipbuilding group has not been earmarked for change in the recently announced merger between Cosco and China Shipping.