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Yantai CIMC Raffles Shipyard


No. 70, Zhifu East Road, Zhifu Island Zhifu District, Yantai


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Last updated

4 years 17 weeks ago


Yantai CIMC Raffles Shipyard (Chinese: 烟台莱福士船厂) is a shipbuilding company in Yantai, Shandong Province, Peoples Republic of China. The shipyard is one of three operated by CIMC Raffles Offshore Ltd.

Yantai Raffles specializes in offshore and marine fabrication, and shares in the company have been traded on the Oslo OTC system in Norway since May 2006.

In 1994, Singaporean of South African descent Brian Chang founded Yantai Raffles at the junction of Bohai Bay and the Yellow Sea.[1] The shipyard is in close proximity to Korea and Japan, an area that accounts for 80% of the global shipbuilding capacity. YRS is the only shipyard in China to be majority foreign-owned. It has agreed to acquire 100% of the Sanlian Longkou shipyard in Shandong, China.[2]

The company since March 2013 is now a wholly own subsidiary of CIMC.

Equipment built

Name Type Built Power Volume
Stornes STFV 2009 16572 kW 24200 m³


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