Yantai CIMC Raffles Ocean Technology Group (CIMC Raffles Group), established in May 2022, is funded by CIMC Group (holding 83.3%) and Yantai Guofeng Group (holding 16.7%).
It has subsidiaries such as Yantai CIMC Raffles Offshore Ltd., Haiyang CIMC Raffles Offshore Ltd., Longkou CIMC Raffles Offshore Ltd., CIMC Offshore Engineering Institute Ltd., CIMC Blue Ocean Technology Ltd., CIMC Offshore Solar Technology(Yantai)Co. Ltd., and Jihai Innovation(Shandong)Marine Technology Co. Ltd.
Seatrium has awarded CIMC Raffles EPC contracts to supply hulls for two FPSOs ordered by Petrobras for the Atapu and Sepia oil fields in Brazil’s presalt Santos Basin.
CRCC Harbour & Channel Engineering Bureau group in China has commissioned CIMC Raffles to construct a 1,600-t offshore wind turbine installation vessel.
Mating has been completed of the upper and lower hulls of the semisubmersible Frigstad Kristiansand at the Yantai CIMC Raffles Offshore shipyard in China.
