The Piraeus Port Authority (PPA) SA announced the completion of a tender and finalization of a contract with Cosco SH (Dalian) Shipyard for the purchase of a new floating repair dock, an initiative that the port’s management has pursued over the past year.
The 240-meter floating repair dock will also have a width of 45 meters, a draft of 18 meters and a 205,66t capacity.
According to PPA, the dock will be transported and installed in the Perama ship repair zone – west of Piraeus proper – after the completion of necessary infrastructure works in the area.
The entire process is expected to be completed by February 2018.
The port authority, which is majority owned and managed by the Shanghai-based Cosco parent company, announced a price tag of 23.835 million euros.