A new shipyard for the Damen Group
Damen has announced the completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia Heavy Industries (DMHI).
The yard, which will be renamed Damen Shipyards Mangalia, will be operated as a joint venture with the Romanian Government. Damen will assume operational control.
The yard is located on the Black Sea coast, has three drydocks with a total length of 982 metres and 1.6 kilometres of berthing space. The docks, with a width of 48 and 60 metres, will provide Damen with capacity to cater for larger maritime vessels and structures. As such, this move represents a strategic complement to Damen’s current shipyard portfolio, with the possibility for the construction and conversion of larger, high-end, and complex ferries, offshore construction vessels, etc. The yard’s total area of approximately 1 million m2 makes it the largest yard in the Damen Shipyards Group.
Damen’s commitment to the Romanian shipbuilding industry is well established. The company has owned and operated Damen Shipyards Galati since 1999. This yard has been responsible for some of the group’s most significant vessel deliveries in recent years.
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