The shipyard has more than 50-years experience. Started as a small repair shop in 1948, it grew up into a modern shipbuilding and repair yard. From the very beginning it built up a good reputation and now enjoys popularity, based on established traditions in shipbuilding, good production quality and competitive prices. At that time the yard could build small vessels only. Since 1970 the yard move from the its area at port of Bourgas to its nowadays territory where can be built vessels up to 25000 dwt.