The Brasil Basin Drydock Company Enters Next Phase of Implementation
Nov. 12, 2015
McQUILLING PARTNERS, INC. ANNOUNCES COMMENCEMENT OF NEXT PHASE OF IMPLEMENTATION FOR THE BRASIL BASIN DRYDOCK COMPANY IN BRAZIL
(New York – 12 November 2015) – Dave Saginaw, Commercial Director of McQuilling Services, LLC in New York and the project Director of the Brasil Basin Drydock Company (BBDC) project announced today that the project has progressed into the next phase of implementation with the receipt of additional early stage investment funds and application for environmental licenses to the authorities in Brazil.
“We are extremely excited about the advancement of activities in the development of the new ship repair facility in the northeast of Brazil” stated Mr. Saginaw, “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.”
Celso P. Souza, project manager for the BBDC project said from Rio de Janeiro, “The implementation of the new facility is on schedule. With the filing for the environmental permits and the creation of the environmental impact analysis underway, we are now moving forward with the next stage of facility design and engineering. We envision start of construction by late 2016/early 2017 with first repair operations commencing early in 2019.”
The 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 and is ideally positioned close to major shipping lanes in the Atlantic basin. The 600,000 square meter 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.
For more information on the BBDC EDPI facility, please visit www.EDPIshiprepair.com or contact Dave Saginaw (david.j.saginaw@mcquilling.com) or Celso Souza (celso.p.souza@mcquilling.com).
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