The Shiprepair Yard "TEREM" PLC - Varna branch (ex."Flotski Arsenal"), the pioneer in shiprepair industry in Bulgaria, with pleasure welcome you to our website. Our Shiprepair Yard was founded in 1897. The long history of our company, extensive experience of our skilled and efficient staff, well equipped workshops, docks and other facilities enable us to offer complex ship repair of high quality and short time at attractive prices.more

Damen Shipyards Mangalia is located on the Black Sea coast of Romania and is a joint venture between Damen and the Romanian Government with Damen responsible for the operational management of yard. Mangalia is the largest shipyard in the Damen portfolio and its integration into the group opens up the possibility of Damen constructing and converting larger and more complex vessels than was previously possible, with particular emphasis on RoPax ferries, cruise ships, big offshore vessels and offshore structures. The management team led by Chris Groninger is now working on optimizing the yard for its new rebuild focus, as well as expanding its repair and maintenance client base and developing an offshore construction capability. The yard occupies a single site of nearly one million square metres and has 1590 metres of quayside. Three dry docks range in size from 302 by 48 metres to 360 by 60 metres with craneage to match. It has a comprehensive range of skills and workshops on site for newbuild and repair projects including high capacity steel and painting facilities. The yard was originally known as 2 Mai Mangalia Shipyard and began building new ships in 1976. In 1997 Daewoo-Mangalia Heavy Industries S.A. took control of the yard and changed the focus to building large container ships, bulk carriers and tankers. In late 2017 Damen acquired Daewoo’s shareholding and in the summer of 2018 took operational control.more