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Director of DVB Bank visits

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Director of DVB Bank visits

On August 18, a team led by Mr. Sven Dybdahl, the Director of German DVB Bank, paid a friendly visit to the COSCO Shipyard Group. Mr. Wang Yuhang, President of the COSCO Shipyard Group, met with the guests.

Both sides focused on the project progress of the Dalian Developer drillship, currently under construction in COSCO Dalian Shipyard.

As the world's largest and most versatile drillship, Dalian Developer has an operational depth of 3,050 meters, drilling depth of 12,000 meters, and a storage capacity for up to 1 million barrels of crude. At present, hoisting and installation of the living quarters, helideck and power module have been completed. It is reported that the yard will soon lift its drilling module on board.

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Founded in June 2001, COSCO Shipyard Group Co., Ltd, which is a subsidiary of China Ocean Shipping Company (COSCO), is a large enterprise group specializing in large vessel building, marine engineering, construction and conversion, and providing services in ship repairing and building sets.

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Hu Jian Qing

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A world leader in ship repair, conversion, new building and offshore marine engineering

Founded in June 2001, COSCO Shipyard Group Co., Ltd, which is a subsidiary of China Ocean Shipping Company (COSCO), is a large enterprise group specializing in large vessel building, marine engineering, construction and conversion, and providing services in ship repairing and building sets. In Dalian, Nantong, Zhoushan, Guangdong Province, Shanghai, Lian Yungang and other places, COSCO Shipyard Group has large ship enterprises and ancillary services enterprises which are leading in the domestic market and enjoying a high profile internationally. Based on professional services and modern management, COSCO Shipyard has become the preferred partner for top shipping companies and offshore oil service providers around the world.

Currently, the total dock capacity of COSCO Shipyard Group has arrived at 1.85 million tons, including two capacities of 300,000 tons floating docks, four capacities of 150,000~200,000 tons docks, six capacities of 40,000~80,000 tons docks, 31 berths, two Shipbuilding berth, and four water slides as well as two supporting water splits.

The total site area is over 4.25 million square meters, forming a "North-Middle-South" scientific and rational geographical distribution. Committed to improving the national ship and marine engineering design and manufacturing standards, COSCO Shipyard has been building a national class technical center that integrates its basic design, detailed design and productive design as well as technical advisory services. It has attracted technical design and productive management experts from Singapore and Korea to be involved in building a world-level shipbuilding management model.

COSCO Shipyard's built ship models includes: series 5000 barking space PCTC, 30,000 tons of Series Heavy Lift Multi-Purpose ships, 57,000 tons of series bulk carrier, 80,000 tons of bulk carriers, bulk carriers, and 92,500 tons carriers; marine project including: the world's first drilling production storage oil vessel (FDPSO), cylindrical rigs, self-drilling platform, semi-submersible offshore oil platforms.

With "Hardwork, Innovation and Beyond" as the spirit of the enterprise, "Unified development and creating value" as the core conception, "To revitalize the national shipbuilding industry," as a mission, COSCO Shipyard Group is putting the effort to achieve fast development in building a world-class shipbuilding enterprise.

Cosco Shipyard Group Co., Ltd
13-14th Floor, Grand Ocean Tower, No. 1200 Pu Dong Avenue, Shanghai
200135 China