Guangjin Shipyard shut down over environmental breach
Yangzhou-based Guangjin Shipyard has shut down its operations under the supervision of Jiangsu People’s Procuratorate due to violations of environment laws.
An environment inspection team sent by the central government last year found the shipyard, built along the Yangtze River, occupies a large area of natural wetland and local authorities ordered the shipyard to shut its operations this year.
The shipyard has now officially shut down its entire operations and started to remove the facilities in the shipyard according to the environment restoration requirements, after delivering the last two vessels on its orderbook, two chemical tankers for Nanjing Tanker.
Guangjin Shipyard, formerly Yangzhou Zhongxin Shipbuilding, was established in 2009 and was later acquired by Yangzhou Kangjin Ship Industry, which runs another shipyard in Yangzhou. The shipyard specialised in the construction of small tankers.