- Business
- Bestway Marine & Energy Technology Co.,Ltd delivers comprehensive marine and offshore engineering solutions from its base in Shanghai, China, where it was established in 2001. The company engages in extensive research, design, and technical consultation for a diverse array of marine and offshore projects. Its core offerings include the design of various vessels such as dry bulk carriers, oil tankers, feeder container ships, special purpose ships, and public service vessels, alongside offshore engineering structures and platforms, including those for wind power installations. Beyond design, Bestway Marine & Energy Technology provides full engineering, procurement, and construction (EPC) services, marine engineering supervision, and technical consultancy. The firm is also a manufacturer, producing a range of ships like bulkers, boxships, tankers, and offshore vessels, as well as platforms, modules, jack-up legs, jackets, and other large steel fabrications. Its capabilities extend to the development of offshore and petroleum-related equipment, including pipeline robots, and the production of specialized furniture. The company's operations span several key segments: Marine Engineering, Defense Equipment, and Energy. In the energy sector, it focuses on natural gas distribution and utilization, optimized energy solutions, and the development of new energy technologies, including solutions for offshore oil and gas exploration and renewable energy projects. Furthermore, it offers a broad spectrum of logistical and support services such as general freight, warehousing, distribution, ship management, maintenance, crew training for LNG vessels, and yacht-related services encompassing design, distribution, repair, maintenance, and registration. Bestway Marine & Energy Technology is also involved in the interior decoration of yachts, luxury passenger ships, high-end hotels, and clubs. Its diversified interests include the development of petroleum inspection and anti-corrosion technologies, municipal pipeline design, and the operation of ecological farms, leisure tourism, and resort communities. The company, which was formerly known as Shanghai Bestway Marine Engineering Design Co., Ltd. and adopted its current name in May 2016, continues to expand its offerings, demonstrated by its subsidiary's recent plans to develop alcohol-electric hybrid multi-purpose vessels. The company achieved significant growth in the first half of 2025, with revenue increasing by 22.00% and net profit rising by 106.69% year-on-year. It adheres to a strategy emphasizing "technology leadership, land and water Civil-military Integration, intelligence and green," reflecting its commitment to innovation and sustainable solutions.