Project to Build Biggest Ship Repair Yard in Latin America on Track

Paraíba Governor Ricardo Coutinho discussing the project with the represantatives from McQuilling Services.

The Brasil Basin Drydock Company (BBDC) project to build a 600,000 square meter ship repair yard near Brazil’s Port of Cabedelo has entered the next phase of development after receiving additional early stage investment funds, and after filing for environmental licenses, according to the New York-based McQuilling Services, LLC, the project manager.

The BRL 2 billion (USD 530 million) BBDC facility in the Brazilian state of Paraíba will carry the name Empresa de Docagens Pedra do Ingá (EDPI). It will be located inside the harbor near the Port of Cabedelo in the municipality of Lucena, positioned close to major shipping lanes in the Atlantic basin.

The facility will be purpose-built for ship repairs, and its two graving docks and hydrolift facilities will be capable of drydocking any ship in the world merchant fleet.

The project is running on schedule, according to Celso P. Souza, the BBDC project Director. After receiving additional funds and filing for environmental permits, the designing and engineering of the facility can enter the next phase.

The construction of EDPI is scheduled to start in late 2016/early 2017, and the yard is expected to become operational in 2019.

We are extremely excited about the advancement of activities in the development of the new ship repair facility in the northeast of Brazil” said Dave Saginaw, Commercial Director of McQuilling Services.

“We are receiving strong support from both our new investors and from state and local authorities in Paraíba and the municipality of Lucena. We couldn’t be more pleased with our current progress, in the midst of quite a challenging investment climate.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >