What is the story about?
What's Happening?
Seaspan has completed a new outfitting pier at its Vancouver shipyards, investing $140 million to bolster its shipbuilding capabilities. The pier, constructed in partnership with Stantec, measures 890 feet by 60 feet and is designed to handle heavy load operations while being resilient to environmental challenges such as sea level rise and seismic events. This facility replaces a timber pier that had been in use for six decades. The new pier is already operational, with the Royal Canadian Navy's joint support ship HMCS Protecteur being outfitted there. Seaspan aims to secure contracts for large navy and coast guard vessels under Canada's National Shipbuilding Strategy.
Why It's Important?
The investment in the new outfitting pier is crucial for Seaspan as it strengthens its position in Canada's shipbuilding industry. By enhancing its infrastructure, Seaspan is better equipped to compete for major contracts, including those under the National Shipbuilding Strategy. This development supports the construction of complex vessels, ensuring the Royal Canadian Navy and Coast Guard have the necessary resources to maintain national security and sovereignty. The modernization of the shipyard also contributes to the local economy by creating jobs and fostering a skilled workforce.
What's Next?
Seaspan will continue to utilize the new pier for outfitting and maintenance operations, with plans to deliver the HMCS Protecteur by 2026. The company is also constructing the second joint support ship, Preserver, with delivery expected in 2027. Seaspan's ongoing investments in shipyard modernization and workforce development will likely enhance its ability to secure future contracts and expand its role in Canada's shipbuilding sector.
Beyond the Headlines
The outfitting pier's design includes features to accommodate future needs, such as crane pockets and shore power capabilities, which can be adapted for different ship requirements. This forward-thinking approach ensures Seaspan's infrastructure remains relevant and capable of supporting evolving shipbuilding demands.
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