Ghana launches $137 million floating dry dock
By the AFREEQUE newsroom, based on Ghanaian Times
Ghanaian President John Dramani Mahama has launched construction of a $137 million floating dry dock at the port of Takoradi, intended to repair and maintain ships. Built under a 25-year concession, the facility is due to be completed in 18 months, according to the Ghanaian Times.
Ghanaian President John Dramani Mahama launched construction on Tuesday in Takoradi of a $137 million floating dry dock for the repair and maintenance of ships operating in the Gulf of Guinea and along the West African coast. The project is being carried out under a 25-year concession, according to the Ghanaian Times.
The works are expected to take 18 months. John Dramani Mahama said the equipment should prevent ships from having to travel to Europe or Durban, South Africa, for major repairs. It is also intended to serve oil rigs and other maritime vessels operating along the West African coast, according to the Ghanaian president.
The head of state said there was no major ship repair facility along the entire West African coast and Gulf of Guinea. The project therefore aims to provide a local solution to maritime maintenance needs, according to John Dramani Mahama.
The launch of the floating dry dock comes one day after the launch of 235 million dollars of works in Takoradi, announced on 11 November 2026.
