Yantai Raffles Shipyard

Yantai Raffles Shipyard (in Chinese: 烟台莱福士船厂) is a shipbuilding company in Yantai, Shandong Province, Peoples Republic of China. Coordinates: 37°35′48″N 121°23′39″E / 37.59667°N 121.39417°E / 37.59667; 121.39417

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, Brian Chang founded Yantai Raffles at the junction of Bo Hai Bay and the Yellow Sea. 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.

Read more about Yantai Raffles Shipyard:  Company Founder, Types of Vessels Built, Yard Facilities, World's Largest Crane