Feasibility Study for a Dry Dock Project

Requirements

We delivered a feasibility study for a proposed dry dock on the Karnafuly River in Bangladesh, covering both market/financial assessments as well as technical assessments.  The development will facilitate ship repairing, ship building and dry docking of ocean-going vessels up to 100,000 DWT. 

Currently under development, it is expected that the completion of the Karnafuly Drydock will create significant capacity for the repair of ocean-going vessels. 

Solutions

Preliminary project market and financial feasibility:

• Depict the global supply and demand for new build tonnage, including a description of the industry;
• Perform a credible, independent assessment of the future shipbuilding potential for Bangladesh;
• Address facilitating factors such as politics, country risk, supporting infrastructure, availability of skilled labour, availability of shipbuilding finance.

Benefits 

Conceptual yard design and costing:

• Assess site/ overall plot plan for the suitability for use as a shipyard and location of dock in relation to safe access and handling of vessels;
• Develop a preliminary yard masterplan and major equipment list;
• Develop a high level dry dock design, including civil, geotechnical and mechanical aspects;
• Derive CAPEX estimate and assess viability of project and investment through financial indicators.