iMarine

DYOE announces zero production accidents for the entire year of 2024

Jiangsu Dayang Marine Equipment Co., Ltd.(DYOE) announced that in 2024, DYOE achieved the goal of annual safety production without accidents.

DYOE said that in 2024, the company has continued to build a strong safety line of defense by continuously improving its safety management system, strengthening the management of outsourced construction units, and reinforcing the control of “three violations”. Looking ahead, the company will continue to deepen its efforts to tackle the root causes of production safety, continuously optimize the safety management mechanism, improve safety management efficiency, and move forward with firm steps towards building a safer, more efficient and harmonious production safety path.

Founded in 2007 and located in Taixing, Jiangsu Province, DYOE is a holding subsidiary of Addsino, a state-owned listed company under the world’s top 500 company, China Aerospace Science and Industry Corporation. DYOE covers an area of 300,000 square meters and has 500 meters of Changjiang River shoreline. The factory has one slipway launching platform (with 300T crane) and one airbag launching platform (with 300T crane) and one L-shaped outfitting wharf for berthing 50,000-ton vessels.

It is worth mentioning that, as a key shipbuilding enterprise under China Aerospace Science and Industry Corporation, DYOE has made breakthroughs in the field of high-end chemical tankers in 2024.

In August 2024, DYOE signed an order for one 21,000 DWT chemical tanker with Hainan Linghang International Shipping. In November 2024, DYOE signed a contract with Yangpu Zhongxin Shipping for the construction of two 50,000 DWT chemical tankers, which set a new construction record for the shipyard, and is expected to be delivered by the end of 2026 to the first half of 2027.

DYOE currently holds orders for 15 ships totaling 219,000 dwt, with deliveries scheduled through 2027, according to Clarkson.

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