The Trinidad Dry Dock Company Limited (TDDCL) was incorporated on September 27, 2004, as a private company pursuant to the laws of Trinidad and Tobago.
The company, which has headquarters in Point Lisas, Trinidad, was established to provide premium industrial and port development, with specific focus on facilitating the ship repair and construction industry, and providing related industry services to the energy and other downstream sectors of business.
Effectively, TDDCL will plan, build and develop two of the largest graving dock facilities in the world - five graving docks each in the Republic of Trinidad and Tobago and the Cooperative Republic of Guyana. The Dry Dock projects will cater to the growing international demands of the expanding global shipping fleet, with specific emphasis on meeting a critical need in the Western Hemisphere.
The firm's project in Trinidad, the Port of Spain Dry Docks on Sullivan Island, will be the Company’s first project and will constitute world-class Dry Docking and Bunkering facilities. In the Gulf of Paria off the West Coast of Trinidad.
In Guyana, the New Amsterdam Dry Dock Industrial Port Complex will comprise Graving Dock and Port facilities situated on the Berbice River estuary.
The two projects will have a combined total Dry Docking area of 199,300 square metres equivalent to approximately 4.05 million DWT of capacity.
In October 2014, the Company secured the approval of the Government of Trinidad & Tobago to proceed with the Design, Development, Construction and Operation of the Port of Spain Dry Docks. A Memorandum of Agreement was executed between InvesTT (the investment promotion agency of the Government of Trinidad and Tobago) and the Trinidad Dry Dock Company on October 10th, 2014.
The Company is currently in the Environmental permitting and Geotechnical Investigation phase of the Sullivan Island Project. Detailed Designs will commence as soon as the Geotechnical Investigation is completed. Construction is programmed to commence in 3Q16.
In addition to the core dry docking facilities, TDDCL will maximize the potential of the projects by embarking on the development of a number of on-site, downstream projects including a Marine and Industrial Park, and Residential and Commercial Centres at both locations - resulting in facilities that cater to their own internal requirements for optimal operations.