Austal USA has completed the purchase of waterfront land, buildings, and an existing dry dock along the Mobile River previously owned by World Marine of Alabama, an indirect subsidiary of Modern American Recycling and Repair Services (MARRS).
The purchase includes a 20,000-tonne Panamax-class floating dry dock, 9,200 square metres of covered repair facilities, and six hectares of waterfront property along the Mobile River and the Gulf of Mexico. The move also places Austal USA adjacent to MARRS and enables better collaboration with the company on its core recycling efforts.
The acquisition is expected to further expand Austal USA’s capability to build new steel-hulled ships.
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