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Shipyards-About-Contact-
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Penglai Bohai Shipyard Co. LTD
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Name: Penglai Bohai Shipyard Co. Ltd.. www.pbsco.cn .
Location
The yard is located on half-way between Beijing and Shanghai at the northwest coast of
the Yellow Sea at an peninsula harboring several small-sized shipyards such as Weihai,
Rongcheng, Qingdao and Yantai all at a 1-4 hrs car drive. Traveling to Penglai Bohai SY
by an 1 hr car drive from Yantai airport. Penglai is a maritime and tourist city.
Dalian with its encompassing shipbuilding industry is located at the Penglai-opposite side
of the Yellow Sea and can be reached conveniently by plane or by the Yantai-Dalian
ferry. Penglai SY cooperates closely with both the Dalian and the Shanghai maritime
industry, apart from the local maritime infrastructure.
The shipyard is located at the outskirt of Penglai city in a new harbor area. 2 years ago
the shipyard moved from its original location in downtown Penglai to the new harbor area
allowing the present expansion of the shipyard. Easy access to the shipyard.

Description
The new shipyard Penglai-Bohai SY is a management buy-out of the old state-owned
Penglai Shipyard. Nowadays 51% of the shares are owned by the yard’s general
manager Mr. Yang and 49% are owned by staff and workers.
Typical products so far are harbor tug boats and small bulk carriers. Under the investment
scheme the yard will be upgraded to larger vessels up to 240 m length.

The yard is dedicated to more complex vessels such as tug boats and even has a 45 m
luxury yacht for Italian owners (!) under construction. The yard will build the entire yacht
apart from the interior owner’s area decoration.
For cargo vessels, the yard has 4x600 TEU for Pacific Int’l Lines (S’pore) and several
6800 tdw Bulkcarriers for German owners under construction.
The yard is located at a sloped 2-level site with the building berth for smaller vessels at
the higher level making a complicated launching system with a long longitudinal wheelcarriage
slipway necessary. A large 240x58m / 200 t slipway is presently under
construction and will be finished mid of 2006. This slipway is not affected by the 2-level
site and is equipped with conventional gravity launching tracks.
Since the yard is a 1958 established yard and not a newly emerging yard, back
guarantees for refundment guarantees may be available but trading houses must be
introduced through SMT due to the yard’s lack of experience with export of vessels.
Conclusion
The yard is in a growing phase from a yard for small-size vessels to a yard for bigger
vessels. Spotlighted must be the quality realized by the yard so far for the present vessels
and also the professional environment. Based on this backbone and the new 240 m
slipway and considering further investments in particular in steel production facilities and
human resources, the yard will be able to build CV1300 TEU vessels in a good
international shipbuilding quality.



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