Derecktor to build Damen boats

Derecktor Shipyard in Mamaroneck, N.Y., and Dutch builder Damen Shipyards Group have entered into a license agreement for Derecktor to build Damen pilot boats and wind farm support vessels.

The core vessels of Derecktor’s “H” Series are designed by Damen but customized by Derecktor to include U.S. components, modular propulsion units, and enhanced personnel transfer systems.

The agreement also provides for Damen Technical Cooperation Services, including personnel for the onsite management and supervision of construction projects.

Damen Shipyards Group operates 32 shipbuilding and repair yards around the world, but none in the United States.

In other company news news, Derecktor Shipyard in South Florida has refinanced its existing boat lift loan to renovate the shipyard around it.

According to a story in the South Florida Business Journal, the yard has acquired a $5.6 million loan from BankUnited, a portion of which will be used for improvements. Low interest rates precipitated the refinancing, the newspaper reported.

For more information, visit www.derecktor.com.