Investor Presentaiton
San Juan "Graving Dock" cont'd
Rare Infrastructure Alongside the Port of San Juan
☐
■
In 2016, a proposed Mega Yacht Marina and Shipyard was announced. This new marina and Mega Yacht re-fit and repair facility would target the largest yachts
in the world that range in size from 218-600 feet, with crews that can number over 80 persons on a single yacht.
The name of this venture was called "Port Caribe".
The shipyard component of the project is south of the airport, located on Pier 15 in the Isla Grande sector of San Juan. The dry dock maintenance, repair and
overhaul facility includes an existing graving dock and will be available for about 20-40 vessels on the hard and between 125-175 boats in water.
Identified key benefits of San Juan:
-
-
-
-
Puerto Rico is already the service hub for the Caribbean when it comes to marine service providers (i.e. Caterpillar and MTU engines).
Local labor will work facilities; the majority of workers on these yachts are Puerto Ricans. Local artisans and craftsmen will be engaged, as well.
Great Economic impact on local consumption of materials, like fuel and yacht stores.
Tax incentives offered in Puerto Rico for both marine tourism and the industrial sectors help support the required capital.
The Caribbean region lacks a maritime-industrial center that provides necessary services to Mega Yachts. This presents an opportunity for this type of
operation and creates a new market that will benefit Puerto Rico's commercial and economic sectors.
In August 2018, it was reported that The Puerto Rico Public-Private Partnership Authority was conducting a preliminary evaluation of an unsolicited proposal
submitted by an undisclosed firm to develop a mega yacht marina and dry dock in San Juan
It is estimated that a small, "very practical" dry dock facility would require a minimum $10 million investment
Pler 15
Proposed Site
Pier 16
SEABURY
MARITIME
Source: https://newsismybusiness.com/authority-considering-unsolicited/
Photo Rendering
50View entire presentation