Dalian Shipbuilding Industry Co Ltd (CSSC DSIC)

Dalian Shipbuilding Industry Co., Ltd. (with DSIC as its acronym) is operated under the China Shipbuilding Industry Company Limited, which is a public company that has been listed on the stock market, with the China Shipbuilding Industry Corporation as the controlling company. In the more-than-100-year-old history since its founding in 1898, through struggle and unremitting efforts, guided by the spirit of the “Great Shipyard”, the people of DSIC create numerous glories and brilliant achievements during the development process of the China’s Shipbuilding Industry. At present, DSIC is the only domestic shipbuilding enterprise group that boasts the ability to provide ship’s life cycle service, including product R&D, product design, construction, ship repair, conversion and ship scraping. DSIC is also the only domestic equipment manufacturing enterprise group that is complete with 5 industrial sectors, i.e. military project undertaking, shipbuilding, offshore equipment building, ship repair/ship scraping and heavy industrial project undertaking. The total assets value of DSIC has reached RMB 100 billion, with annual sales value exceeding RMB 20 billion. With a complete shipbuilding infrastructure, strong capabilities in R&D and production, DSIC is able to undertake the design and construction of ships of various types and tonnages, including ships from fishing vessels of 1000 tons in deadweight to VLCCs of 300,000 tons in deadweight, from ordinary bulk carriers and oil tankers to 10,000TEU containerships and large-scale LNG carriers. Acclaimed as the Flagship of China’s shipbuilding industry, DSIC is the first domestic shipbuilding enterprise to have joined the rank of the world’s top 5 shipbuilders. DSIC has made great contribution to the national defence and the modernization of Chinese navy. In total, 820 naval ships of 44 types have been built here since the founding of the People’s Republic of China. DSIC is a domestic shipyard that boasts the strongest capabilities in R&D and production of surface naval ships and have built the greatest number of warships for the China’s navy. The first gunboat, the first guided-missile submarine, the first guided missile destroyer and the first oil-and-water replenishment vessel of the P.R.C. were all built by DSIC, which is acclaimed as the cradle of China’s naval ship building. DSIC is the first offshore equipment fabrication enterprise in China to have developed the self-owned intellectual property right for jack-up drilling rigs and to have played the role of a general contractor. DSIC is capable of building and converting various types of offshore engineering equipment for its customer, from the shallow-water jack-up drilling rigs that can operate in waters of 50 feet, 300 feet, 350 feet and 400 feet in depth, to the deep-water semi-submersibles including Bingo 9000 Type from Ocean Rig, 9500 Type from F&G and BT3500 Type from Bassoe Technology, plus Floating, Production, Storage and Offloading unit(FPSOs),and offshore support vessels. With the new economic model of depending on traditional advantages and building green recycling economy, Dalian Changxing Island Ship Repair/Scrapping Base jointly invested by DSIC, Angang and PIL has become another model for strategic cooperation between downstream and upstream enterprises of the industrial chain. After the base reaches the full production capacity, it will be capable repairing 83 ships, scrapping 700,000t steel and converting three 300,000t ships each year and grow into an important ship repair/scrapping base in Bohai Rim and Northeast Asia. DSIC has 100-year old boiler and pressure container workshop and famous Metal Material Explosive Processing Research Institute in China. DSIC has been developing heavy industry with large investment and on a high launching since 11th five-year period. With the milestones of successful R&D and construction of the third-generation nucleic power equipment, installation equipment of offshore wind power facilities, offshore petroleum equipment, large lifting equipment, large seawater desalting equipment, large petrochemical and mining equipment, DSIC’s heavy industry sector will enter into a fast track of development.