is a state-owned shipyard operating as part of CSIC Group. In 2017, following restructuring within CSIC, it became a subsidiary of Wu Chang Shipbuilding Heavy Industry Co., Ltd. The shipyard is located in Haixiwan, within the Qingdao Economic & Technical Development Zone. Offering newbuilding, repair and conversion and offshore services, Qingdao Beihai Shipbuilding employs 3,000 staff and has an annual newbuild production capacity of 3 million DWT. The shipyard is divided between repair, ocean engineering and newbuilding facilities. Its focus for newbuilding construction includes oil tankers, bulk carriers, offshore support vessels and containerships. It began production of a series of 17 180K DWT Capesize bulk carriers in late 2009, and 12 250K DWT Ore carriers from November 2013. In 2016, it started work on eight 400K DWT VLOCs, with a further six 325K DWT VLOCs added in 2018. In future, the shipyard plans to construct VLCCs, VLOCs, large containerships and various types of Oil Tankers, and expand into offshore engineering projects. Infrastructure spending on yard facilities has raised its annual production capacity from 3m DWT to 4.68m DWT.more

As a deep-water offshore equipment designer and builder, Yantai CIMC Raffles Offshore Ltd (CIMC Raffles) owns three offshore construction yards located in Yantai, Haiyang and Longkou, employing a total of 3,000 people. To date, CIMC Raffles has delivered seven deep-water semisubmersible drilling rigs; its current construction projects account for 21% of global market share. In September 2014, CIMC Raffles was listed on the shipbuilder whitelist published by Ministry of Industry and Information Technology of the People’s Republic of China. Its high-end deep-water semisubmersible drilling rigs include the GM4-D, which can operate in Arctic water: its seventh-generation D90 ultra-deep-water semisubmersible drilling rig holds depth records in operation and drilling. Bulk-delivered jack-ups and production platforms will be operated in Mexico and South East Asia areas, while its North Sea deep-water rigs have earned six ‘Rig of the Month’ titles from the Norwegian national oil company, Statoil. The company also owns CIMC Offshore Engineering Institute (CIMC OEI), regarded as the national offshore oil energy drilling rig research centre. Employing 800 engineers, it is the PhD practice base for Harbin Institute of Technology, Ocean University of China. In 2013, CIMC Group took over well-known Swedish design company Bassoe Technology (BT), combining CIMC OEI’s project experience with BT’s comprehensive concept and basic design capabilities, and strengthening Asian-European research methodology.more