Tampa Ship Repair & Dry Dock Dedicates New $23-Million 900-Foot Graving Dock

tampa ship repair  dry dock dedicates
new 23million 900foot graving dock

Tampa Ship Repair & Dry Dock Company recently dedicated its huge new drydock in ceremonies at the Hookers Point location in Tampa, Fla. Florida's Governor Askew gave the principal address prior to the unveiling of a bronze plaque to commemorate the event. Constructed at a cost of $23 million, the new graving dock will be the largest on the Gulf Coast and among the largest in the U.S. With an overall length of 900 feet, width of 150 feet and a depth of 26 feet, the new dock will accommodate vessels up to 100,000 deadweight tons and serve more than 90 percent of the ships presently navigating the ocean trade routes. Complementing an existing 547- foot repair basin, the new facility will create 350 new jobs and have an annual economic impact on the community of $44,000,000. The facility was financed by the Tampa Port Authority with a $23-million special-purpose bond issue.

Tampa Ship Repair & Dry Dock Company is a subsidiary of The American Ship Building Company of Cleveland.

American Ship Building is the dominant independent ship construction, conversion, and repair firm on the Great Lakes. It is one of the largest builders of barges and towboats on the inland waterways, and operates the largest ship repair facility on Florida's west coast.

The company also manufactures fabricated metal for the residential and commercial construction industry.

The firm is traded on the New York Stock Exchange — ticker symbol ABG.

D a l t o n - D a l t o n - N e w p o r t of Cleveland, Ohio, were the designers and engineers, and Jones- Mahoney Corp of Tampa was the construction contractor.

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