Hongkong United Dockyards Business in Hong Kong

Hongkong United Dockyards has been a significant player in the Hong Kong shipbuilding industry for decades. It was established in 1976 as a joint venture between the Hong Kong Government and the British shipbuilding company, Vickers Shipbuilding and Engineering.

The dockyard has a long history of producing high-quality ships, including naval vessels, tankers, and cargo ships. Its facilities are strategically located on the north shore of Lantau Island.

The company's expertise in ship repair and maintenance has earned it a reputation as one of the leading ship repair yards in Asia.

Hongkong United Dockyards employs over 400 people, including subcontractors, to perform repairs. This team works on a variety of projects, including salvage and towage, ship repairs, and land-based engineering projects.

The dockyards' operations involve reclamation work, construction of quay walls, jetties, seawalls, roadways, and drainage systems. The company has signed contracts with Nishimatsu Construction Co. Ltd. to develop a new ship repair complex at Tsing Yi Island.

The new complex will comprise approximately 1.2 million square feet of space, with about 50% being reclaimed from the sea. The site will feature a 2,067-foot seawall and a 617-foot jetty for berthing ships up to 100,000-dwt displacement.

The facility's design allows for flexibility in ship repairs. It uses a 40,000t floating dockyard in Tsing Yi.

The floating dockyard is a game-changer for the facility. It has two berths for ships that don't need to be placed in the floating dock.

Four Ramparts 3000 ASD tugs are used to tow ships into the facility.

In Hong Kong, a new subsidiary company called Ship Repairers & Shipbuilders (HK) Ltd. was formed by Hongkong United Dockyards Ltd. (HUD).

The company will act as agents for major overseas ship repairing companies, including Lisnave in Portugal, one of the world's largest ship repairing companies.

Ship Repairers & Shipbuilders (HK) Ltd. will also represent other major worldwide ship repairing companies, although specific details about these companies are not mentioned.

C.C. Chen, a highly experienced shipping executive with 11 years of experience at HUD, will head the new subsidiary.

The new company has already obtained the agency for Lisnave and Setenave, two major Portuguese companies, and will represent them for new shipbuilding as well as docking and repair work overseas.

Hong Kong is a major financial hub, with the Hong Kong Stock Exchange being the seventh largest in the world.

The territory has a highly developed financial system, with a strong presence of international banks and financial institutions.

Hong Kong's business-friendly environment has made it a popular destination for companies to set up their Asian headquarters.

The city has a highly skilled workforce, with many professionals speaking English, Cantonese, and Mandarin.

Hong Kong's strategic location at the mouth of the Pearl River allows for easy trade with mainland China and other parts of Asia.

This has made Hong Kong a key player in international trade, with the territory's port handling a significant volume of cargo.