PaxOcean Zhoushan yard is located in Changbal island, on the northwest of Zhoushan City, Zhejiang Province. The Shipyard was established in 2006 and started operation in 2011, occupying an area of 800,000m² and has two large dry docks, a jetty and other supporting infrastructure such as a 900-ton gantry crane. The docks and the jetty can accommodate large vessels such as VLCCs, VLOCs, and 400m long container ships.