Ocean Group

A new agreement has been signed between the New Brunswick government and Ocean Group, allowing the marine services company to resume operations out of the province’s naval centre in Bas-Caraquet.

Under the new agreement, Ocean Group will resume construction of a floating dry dock on November 21st at the shipyard.

Ocean Group C-E-O Jacques Tanguay says the dry dock construction is an ideal project to revive shipbuilding and repair activities, adding the company is looking for skilled workers.

The company will pay increased rent for use of the facility and will be responsible for the maintenance and repair of all equipment, including its future replacement.