Dalian Shipbuilding Industry Company

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Dalian Shipbuilding Industry Company in Dalian, Liaoning, China

Dalian Shipbuilding Industry Company (DSIC or in Chinese: 大连船舶重工集团, located in Dalian, Liaoning, China, is the largest shipbuilding company in China. It is part of China Shipbuilding Industry Corporation (CSIC), one of the two state-owned shipbuilding enterprises in China.

General[edit]

Dalian Shipbuilding Industry Company (DSIC) was formed in December 2005, as the result of a merger between Dalian Shipbuilding Industry Company and Dalian New Shipbuilding Industry Company, and is the largest shipbuilding company in China. It is owned by:

which is one of the two state-owned enterprises that came into being under the directive of the China State Council of 1999, the other being:

While the former corporation is listed on the Shanghai Stock Exchange, the latter is not (yet) listed. Separately, the People's Liberation Army Navy owns military ship yards, such as in Lushun, Dalian, Liaoning.

DSIC located on two shipyards with a total of 3,400,000 square meters of land and owns 150,000 employees. Its revenue in 2006 exceeded 10,000,000 yuan, [1] which puts itself as the No. 1 shipbuilding company in China, exceeding Shanghai Waigaoqiao Shipbuilding Industry Company.

History[edit]

Dalian Shipbuilding Industry Company has a history of more than 100 years. [2]

  • June, 1898: Russia started construction of a ship yard next to Dalian Port, in their new leased territory
  • 1905: Japan replaced Russia to lease Dalian and continued to expand the ship yard
  • 1945: Russia liberated Northeast China and shared the operations of Dalian Shipyard with China
  • 1955: Became "China Shipbuilding Company", managed by China
During the 1960s, built China's first submarine equipped with guided missiles
During the 1970s, built China's first destroyer equipped with guided missiles
  • July, 1984: Span off Dalian Maritime Diesel Company (DMDC) and other subsidiaries
  • August, 1990: Dalian New Shipyard was completed in the west of the old ship yard
During the 1990s, with help from Hitachi Shipbuilding Corporation (now part of Universal Shipbuilding Corporation) and others, introduced the "block construction" method, reducing the ship building time and cost

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