The successfully delivered GPA696, PX105 and SX130 marks Zhejiang shipyard has been into global top OSV maker rank.
Zhejiang shipyard was listed in 2010 China private owned 500 Fortune, which is announced by China Federation Of Industry & Commerce.
June 25, 2010
Zhejiang Shipbuilding got the order of 62 Offshore Support Vessels, which amounted to USD1 billion and was the biggest deal since the worldwide financial crisis. It further strengthened Zhejiang Shipbuilding's global leading producer of Offshore vessels.
With the aid of local government and through company's efforts, we get the largest US$ 3.5 billion syndicated bankers' Letter of Guarantee in the domestic shipbuilding industry, which is a solid foundation for Zhejiang Shipbuilding to make continual and rapid growth.
Phase II projects totally invested RMB1.4 billion went into operation. Zhejiang Shipbuilding has had world class Offshore Vessel production line, laying the solid foundation for products upgrade and marketing expansion. This year Zhejiang shipbuilding's in-hand order volumes of offshore vessels positioned the number 1 in the world and newly contracted order volumes are number 9 in the country.
Phase II technological reconstruction began. Zhejiang Shipbuilding took over 600 Chinese acres production lands and certain life lands to make a big scale expansion. These newly built projects included Quay outfitting,Material Pretreatment & Hull Block workshop, Block Assembly, Block Painting, Indoor Slipway, Outfitting workshop, Lifting facility, Pipe Fabrication, etc and 21st floor office building, 78,000 square meter outsourcing labor dormitory and 16,000 square meter shipyard staff dormitory.
Phase I technological reconstruction began. There totally invested more than RMB400 million to build a 80,000 ton slipway and quay and 50,000 square meters Block production line and complete sets of workshop and facility to upgrade our shipbuilding capacity.
The company was restructured and named as Zhejiang Shipbuilding Co., Ltd.
The state owned 40% shares. The yearly yield was above RMB500 million.
2000 – 2001
The company built a 50,000 ton slipway and quay.
Ningbo Shipbuilding Corporation Group was established. Zhejiang shipyard was its key member.
The company was managed by Ningbo Machinery Industrial Bureau.
Zhejiang shipyard was established then and subsidiary to Zhejiang Provincial Transport Authority.