The Shipyard was founded on September 1944 and is located by Figueira da Foz, at the mouth of Mondego River, in the centre of Portugal.
In 1944 the Yard had two slippways and workshops for wooden shipbuilding. Three years later, the Yard built it's first steel ships, three 71-m codfish trawlers.
Upon celebration of their 50th anniversary, in 1994, Mondego Shipyard began construction of a 45-m long, 500-passenger aluminium catamaran.
In the meantime, the Yard continuously expanded and updated its facilities and now has a shipbuilding slippway for ships up to 100 m and workshops for full construction and outfitting and a shiprepair slippway for ships up to 90 m.
In it's existence, Mondego Shipyard has built pontoons, barges, workboats, floating cranes, dredgers, tugs, fishing vessels, cargo ships, tankers, ferries and Navy ships, in a total of 236 ships.