A tugboat carries out operations on the ship that has just entered the dock. Photo by Wang Jijun
Since the outbreak of the COVID-19 pandemic in 2020, DSIC SHGSIC(Shanhaiguan Shipbuilding Industry Co. Ltd) has taken measures to curb the epidemic and expand business with innovation, receiving a large amount of orders, and running the business at full capacity. As of November, 2020, a total industrial output value of 2.563 billion yuan has been achieved, a year-on-year increase of 36.89%; operating income of 1.989 billion yuan, a year-on-year increase of 71.91%, turning loss into profits for the first time in 6 years.
Workers carry out conversion of the desulfurization device on an oil tanker from Greece docked at the wharf of DSIC SHGSIC on December 3.
According to Xu Hailong, deputy general manager, the desulfurization device desulfurizes high-sulfur fuel to meet the 0.1% emission standard. Since the beginning of this year, they have finished massive desulfurization conversions of more than 50 projects with an output value of more than 500 million yuan, which has played an important supporting role in improving the performance of SHGSIC.
A ship is under repair. Photo by Wang Jijun
DSIC SHGSIC has taken innovative measures to get rid of the impact of COVID-19, and achieved new breakthroughs in business development. They have done a good job in containing the epidemic, making every effort to finish the orders, and expanding business through promoting their brand to domestic agencies and service providers of foreign shipping companies, maintaining old customers and attracting new ones. They strictly controlled costs while expanding the total business volume, taking measures to optimize production design and reduce material procurement cost, which improved service quality, and won the trust and praise of customers.
At present, the business sectors of shipbuilding, ship repair, and non-ship business are developing well. 6 ships have been delivered, and another 17 ships is under building, which will continue until the end of 2022; 249 ships have been repaired, 80% of which are foreign ships.
“Innovation is critical to a company’s survival. In the next step, we will further expand the high-end markets and increase the market share of high-end customers; on the other hand, we will seek more major modification projects on the basis of ensuring the total amount of ship repairs. We will strive to achieve breakthroughs while actively seeking business opportunities in the military repair market, to achieve high-quality development of the enterprise.” said Xu Hailong.
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