Returning customers and a new client saw Gibdock prominent in the repair schedules of German ship managers in the first half of 2016, with sterling’s post Brexit depreciation also sharpening the Gibraltar yard’s competitive edge for the rest of the year.

Seven German-owned or operated vessels have been repaired at Gibdock so far this year, including general cargo ships, container carriers, a reefer ship and a bulk carrier. With the exception of a first job for Bernhard Schulte, all projects have involved returning customers.

“Winning every single repair project partly depends on the trading area of the vessel concerned, which is why our favourable location is critical for German owners,” said Richard Beards, Gibdock Managing Director. “However, our accuracy with quotations, quality of workmanship and on-schedule redelivery continue to bring German owners back to Gibdock, and attract high profile newcomers such as Bernhard Schulte.”