THE new 300,000 tonnes-class drydock, measuring 430 metres long and 120 metres wide with a depth of 12.5 metres, is scheduled for completion by the end of 2026, reports the UK Seatrade Maritime News.

This drydock will have the capacity to accommodate the world's largest containerships, addressing the global shortage of repair facilities capable of handling such vessels.

In addition to the new drydock, the shipyard will upgrade its No 7 dock facility to enhance its ship repair capabilities.

Upon project completion, the shipyard's production capacity will increase, enabling the construction of eight vessels and the repair of 350 vessels annually.

Situated in Zhoushan, a significant ship repair base in China, this expansion project will stimulate new business growth for the shipyard, supporting its transition towards new energy, advanced technology, efficiency, and higher value-added markets, according to Cosco Shipping Heavy Industry (Zhoushan).

Cosco Shipping Heavy Industry operates nine shipyards with an annual shipbuilding capacity exceeding 7.5 million tonnes and can repair over 1,500 vessels annually.