State-run enterprise Ningbo Ningshing Group has completed the restructuring of bankrupt Zhoushan Penglai Shipyard and rebranded the yard as Ningshing Shipyard.Zhoushan Ningshing Ship Building & Repairing Co., Ltd is located in Daishan shipbuilding industrial park in Zhoushan city, which is adjacent to Shanghai and Ningbo and is the forefront of Yangtze River Delta economic zone. Covering an area of 177,000 square meters and having five berths with a maximum load of 70,000 tons, Ningshing Zhoushan Shipbuilding is equipped with 200T gantry crane, plasma flame cutting machine and other advanced production and processing machinery equipment. With a professional high-tech ship construction team, it can undertake the manufacturing of ultra-low temperature refrigerated ships, ocean-going refrigerated ships, ice-enhanced bulk carriers, container barges, dredgers, three-purpose tugs, product tankers, chemical tankers and ocean-going fishing vessels in accordance with Chinese and foreign classification society specifications and international convention standard. Supplemented by ship maintenance and repair business, the company is committed to building a ship construction & repair base in the regionmore