A new US-funded Brazilian shipyard start-up is looking to China for technology.
The planned Brasil Basin Drydock Co (BBDC) yard in the state of Paraiba, around 120 kilometres (75 miles) from Recife in the north-east of the country, will use the high-pressure water dry-docking methods developed at Zhoushan IMC-Yongyue Shipyard and Engineering Co (IMC-YY) from the start.
The BBDC yard will contract IMC-YY to manage it on a 10-year renewable contract, but IMC-YY is not expected to have an equity investment in the Brazilian facility.
