In 1954 the main berth of the yard was extended to 550 feet in order to build larger tankers and ore carriers.

Discoveries off the coast, especially in the Campos Basin, have led the company to build new drilling platforms, oil-production ships and tankers.

And, the IJN was paid a grant to newly build large/high-speed tankers.

Here, the company builds bulk carriers and tankers.

The organization, saying that slow steaming is hiding additional spare capacity, warned that this was not a good time to build new tankers.

In the 1950s, it built coasters, tankers, ferries, tugs, as well as cargo and passenger ships for foreign concerns.

South Korean shipbuilders, for instance, are losing cargo ship contracts to China but are building more sophisticated liquified-gas tankers, he said.

It also builds tankers, cargo bulk carriers and passenger ships and ferries.

They also built trawlers, steamers, bulk carriers, tankers and tugs.

It was built by Fazis, a Soviet conglomerate that builds tankers and runs a brewery.