Palumbo Shipyard has designed and constructed a floating structure that can be submerged to permit the admission and docking of large boats in a bid to attract larger boats to Malta for repair, the company said.
It said in a statement this structure can then be elevated to lift the ship from the water for maintenance, keeping the vessel high and dry. Over €2 million were invested in this dock.
Palumbo’s new investment can now undertake repairs of sailing or motor powered yachts up to 50 meters in length and 500 tons in weight.
The dock will enable the shipyard to perform all types of work including refitting, mechanical, maintenance and repairs of any part of the vessel. This includes specialised work on the hull and top structure, the interior and mechanical electrical works.