A St. John's ship repair company is considering a massive modernization that would cost an estimated $300 million and enable the company to take on bigger vessels. Sean Leet, managing director of Newdock, told CBC News the redevelopment plan centres around the replacement of the graving dock in St. John's harbour, a new ship lift system and the modernization of the company's facilities. The ship lift system is important for Newdock’s business, Leet said. Advertisement AdvertisementAdvertisement AdvertisementThe new ship lift system can handle 28,000 tons and take multiple vessels at the same time. “This will be the largest ship lift system in the Western Hemisphere once it's installed,” said Leet.

Source: CBC News January 04, 2026 11:08 UTC