St.Vincent Shipyard Limited (SSL), a locally registered company, is now the operator of the Ottley Hall Marina and Shipyard.
SSL which comprises five local engineers and three persons from abroad, who are share holders, assumed management of the shipyard from yesterday July 1st, 2015, following the signing of a lease agreement with the Government on June 23rd, 2015.
The agreement will be in effect for a period of 15 years in the first instance.
According to Daniel Ravotti, the chairman of SSL, the company is excited about this development which will enhance the provision of ship yard and dry docking facilities in the state.
Among the services to be provided at the marina include dry docking, inspection and repairs to hulls, bunkering, sand blasting, shell plating and painting, and the installation, maintenance and overhaul of marine engines.
Another Director, Vincentian Mark Lulley, has confirmed that SSL will engage in a number of restorative activities in relation to the shipyard, to make the facility ready for full operations.