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Grand Bahama Shipyard Acquires Portland's Number Four Dry Dock

Maritime Activity Reports, Inc.

June 4, 2001

Grand Bahama Shipyard purchased the No. 4 Dry Dock from Portland Shipyard in Oregon. Measuring 984 x 228 ft. (300 x 69.5 m), the floating dock, which has a clear internal breadth of 185 ft. (56.5 m), was constructed in Japan in 1979 and has a lifting capacity of 82,500 metric tons. The dock, which is one of the largest floating docks in the world is fully equipped to provide services for all types of vessels, and is capable of docking cargo vessels up to 250,000 tons dwt and cruise vessels up to 150,000 tons grt.

Expected to be operational at the shipyard in early 2002, the new dock will complement the existing panamax floating dock, which was installed in 2000. The latter, which has a lifting capacity of 30,000 tons and clear internal dimensions of 879 x 110 ft. (268 x 33.5 m), is also able to provide myriad of services to a variety of vessels. The yard also boasts two 300 m wet berths with 14 m draft alongside, a new workshop complex and full supporting infrastructure.

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