Shipyard to boost capacity

DALIAN: Dalian Shipbuilding Industry Co Ltd (DSIC), one of the nation's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020.

DSIC expects sales of 17 billion yuan this year from its ships - including tankers, chemical and product carriers, containerships, LPG and LNG - and engineering and offshore platforms.

"We are now in the best period for the shipyard in terms of its development and economic efficiency," Sun Bo, general manager of DSIC, said.