Jiangsu Zhenjiang Shipyard (Group) Co.

Name

Jiangsu Zhenjiang Shipyard (Group) Co.

Legal name

Jiangsu Province Zhenjiang Shipyard Co., Ltd.

Website

https://zjshipyard.com

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Specialty vessel shipbuilding

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Harbor & Terminal Tugs (ASD/Voith, Escort Tugs) (IMAJADAA)

akta.pro secondary industries

Search & Rescue (SAR) & Lifeboats (IMAJADAI), Patrol, Interceptor & Law-Enforcement Craft (Coast Guard, Customs) (IMAJADAD), Barge & Coastal Freighter Shipbuilding (IMAJAAAK), Specialized Cargo Vessels (Cement/Asphalt/Woodchip/Live-Animal) Shipbuilding (IMAJAAAL)

Keywords

• Specialty vessel shipbuilding
• Azimuth thruster tugboats
• Ocean engineering vessels
• Trailing suction dredgers
• Bulk carrier construction

Headquarters

HQ city

Zhenjiang

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Vessel Manufacturing and Sales: One-time hardware sales of custom-built specialty vessels including tugs, dredgers, ocean engineering vessels, and bulk carriers. Revenue generated from design, construction, and delivery of vessels to customers globally.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Jiangsu Zhenjiang Shipyard designs and manufactures specialty vessels for maritime, harbor, and ocean engineering markets, with flagship offerings including multi-functional Azimuth Thruster (Z-Peller) tugs, ocean engineering and special purpose vessels, mud dredgers, and bulk carriers. It is integrating hydrogen-electric hybrid, pure electric, and autonomous smart-tug propulsion into its vessel designs, and has delivered 700+ Z-Peller tugs since 1986 and 200+ mud dredgers to global port and shipping customers.

Product overview

Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. is a specialized shipbuilding enterprise offering five core product lines: Multi-functional Azimuth Thruster Tugs (700+ vessels built since 1986), Ocean Engineering Vessels (including rescue, salvage, and supply ships), Special Purpose Vessels (ferries, monitoring ships, LNG carriers), Mud Dredgers (grab, chain bucket, cutter suction types), and Bulk Carriers. The company has pioneered innovation in green propulsion technology with hydrogen-electric hybrid and pure battery electric tugboats, including the world's first smart ASD tugboat with autonomous navigation capability. Products serve global port operations, offshore engineering, environmental protection, and specialized marine transport needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-functional Azimuth Thruster (Z-Peller) Tugboats Multi-functional Azimuth Thruster tugboats (Z-Peller tugs) designed for harbor and terminal towage, terminal support, and ship-assist work; sold to port authorities and shipping operators globally.
• Ocean Engineering Vessels Ocean engineering vessels built for offshore construction, support, and marine operations; sold to offshore contractors and marine operators.
• Special Purpose Vessels Custom-built special purpose vessels engineered to specific customer requirements, serving government, port, and marine operators.
• Mud Dredgers Mud dredgers (trailing suction hopper dredgers and related dredging vessels) built for port maintenance, land reclamation, and channel-dredging operations; sold to port authorities and dredging contractors.
• Bulk Carriers Bulk carrier newbuilds constructed for commercial shipping operators carrying dry-bulk cargo.
• Hydrogen-Electric Hybrid and Pure Electric Propulsion Systems Alternative-fuel propulsion packages integrating hydrogen-electric hybrid and pure electric drivetrains into newbuild specialty vessels to reduce emissions and meet port clean-air requirements.
• Smart ASD Tugboat with Autonomous Navigation Smart ASD tugboat incorporating autonomous navigation and intelligent ship-handling features, marketed as the world's first of its kind.

Quantifiable outcome

• Over 700 ASD tugs built since 1986, establishing industry-leading position in China
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor.

• Baoshan Iron & Steel Co., Ltd. (宝山钢铁股份有限公司)minorOthersMajor Chinese steel producer and customer. Company has built multiple vessels for Baoshan Iron & Steel including tugboats for port operations.
• China Merchants Shekou (招商局)minorOthersMajor port and shipping group. Multiple vessel deliveries including vessels for Shekou terminal operations.
• Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (沪东中华造船集团有限公司)minorOthersMajor Chinese shipbuilding company. Company built specialty tugboat for Hudong-Zhonghua.
• Sinokor Ship ManagementminorOthersKorean shipping company customer ordering container vessels.
• PSA International Pte LtdminorOthersGlobal port operator based in Singapore. One of the international customers listed.
• SVITZER A/SminorOthersGlobal maritime services company. Listed as international cooperative enterprise.
• ADNOC Logistics & ServicesminorOthersUAE national oil company logistics subsidiary. Listed as international cooperative enterprise.
• VROON BVminorOthersDutch shipping company. Customer for offshore supply vessels.
• Yangtze River Shipping (长三角船运)minorOthersMultiple domestic port and shipping companies listed as cooperative enterprises including: Guangzhou Port Group, Qingdao Port Group, Tianjin Port Group, Ningbo-Zhoushan Port, Shanghai Port Group, and many others.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Astilleros Armón: Spanish shipbuilder building tugs, fishing vessels, offshore vessels, and special purpose craft. Directly comparable specialty vessel portfolio serving similar European and international port and fisheries customers.
• Conrad Shipyard: US specialty shipbuilder with focus on harbor tugs, patrol boats, and offshore support vessels. Comparable in size and customer focus, competing for similar government and commercial port contracts in the Americas.
• Eastern Shipbuilding Group: US-based shipbuilder specializing in tugboats, patrol boats, and offshore support vessels. Directly competes with Zhenjiang in harbor tugs and special-purpose vessels, serving similar government and commercial port customers in the Western Hemisphere.
• Damen Shipyards Group: Dutch global shipbuilder and the world's largest tug/workboat builder, with extensive tugs, dredgers, and offshore support vessels. Directly comparable to Zhenjiang across ASD tugs, dredgers, and special-purpose vessels, competing head-to-head for port authority contracts globally.
• Robert Allan Ltd: Canadian designer and builder of high-end tugboats, workboats, and fireboats. Directly comparable specialty vessel focus serving similar port/salvage customers, with comparable custom build orders and engineering-led positioning.
• Neptune Shipyards: Dutch builder of tugs, workboats, patrol vessels, and special purpose craft. Direct competitor in harbor tugs and special purpose vessels, with similar scale and product breadth across port and security end markets.
• Vigor Industrial: US shipbuilder with hybrid/electric tug construction capabilities alongside repair and conversion services. Comparable to Zhenjiang's green propulsion strategy (hybrid and electric tugboats), competing for similar environmentally-conscious port customers.
• Sanmar Shipyards: Turkish independent shipbuilder and global leader in tugboat construction with strong ASD/escort tug portfolio. Closest direct competitor in ASD tugs globally, serving the same port authority and maritime services customer base with comparable custom-build model.

Broad incumbents

• CSSC (China State Shipbuilding Corporation): Massive Chinese state-owned shipbuilding conglomerate encompassing Hudong-Zhonghua and dozens of other yards. Much larger and broader portfolio than Zhenjiang, representing the dominant incumbent competitive threat across all Chinese specialty vessel categories.
• Guangzhou Shipyard International: Major Chinese shipbuilder under CSSC umbrella with diversified portfolio across commercial vessels, special vessels, and offshore engineering. Broader scale and product mix than Zhenjiang, serving as a key domestic incumbent competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jiangsu Zhenjiang Shipyard (Group) Co.