Holland-based shipbuilder Damen and Adriatic Marinas are working with the government of Montenegro to redevelop the former Bijela shipyard in Boka Bay, Montenegro.
The completion of technical surveys, as well as a contract between the government and World Bank for remediation of the site, cleared the way for the signing on Nov. 30 of a concession agreement for the yard. After the remediation work is complete in early 2020, the group plans to transform the yard into a megayacht repair and refit facility within a year.
According to a statement from the consortium, planning of recruitment and training through Damen’s apprenticeship program is underway, as well as plans for state-of-the-art lifting and repair equipment to be installed.
In the meantime, the group is pursuing an agreement for interim arrangements allowing a preliminary yachting service in the western portion of the Bijela site to begin operation as early as next winter.