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Dundee Shipbuilding Co. were based at the Panmure Yard on Marine Parade in Scotland.
Previously, the yard had been owned by Alexander Stephen and Sons. Unusually, the yard was square in shape. Initial shipbuilding at the yard was undertaken on a speculative basis.
1884 The Newfoundland sealer Terra Nova was built at the yard on a speculative basis: it later became quite famous.
1894 The executors of William Stephen sold the Dundee yard to the Dundee Shipbuilding Co, which included a number of the foremen and staff among its shareholders. The yard then mainly built smaller craft, such as trawlers.
1900s The yard became known for building steel barques, steam yachts, trawlers, tugs and steel floating docks as well as kit ships which were reassembled at their destination abroad. On 21st March 1901, the yard launched Discovery which was captained by Robert Scott and explored many areas of the Antarctic.
The last ship constructed by the Dundee Shipbuilders' Company was the Adventure, for Harvey's of St. John's, the first of a new type of sealing-ship, built of specially strengthened iron and much larger than the older wooden type. As she proved successful, several still larger vessels of her type were built in other Scottish shipyards.
1906 The building of the Adventure proved a considerable loss to the Dundee Shipbuilding Co, which went into liquidation in 1906. The yard was afterwards taken over by Craggs who carried it on until 1920.
After World War I the yard was sold to the Craggs shipbuilding yard who also owned a Goole yard. This lasted until the early 1920s with the main output being colliers.
1923 The yard closed due to the freight slump, and the Craggs family sold the yard and retreated to their Goole yard.
Later partly occupied by Bell and Sime, timber merchants.