Company profile

Prime Meridian Docks AssetCo Ltd

Prime Meridian Docks AssetCo Ltd, also referred to as PMD AssetCo Limited, is a Ghana-incorporated special purpose vehicle established to finance, build and operate a floating dock ship repair facility at the Port of Takoradi, Ghana. The project, known as Project Shiprite, is designed to provide ship repair and maintenance services for vessels operating in the Gulf of Guinea. The facility is expected to comprise a 13,500-tonne lift-capacity floating drydock, 30,000 square metres of reclaimed land, a 200-metre jetty, workshops, offices and heavy marine equipment. The company holds Free Zones Service Enterprise status and a 25-year concession from the Ghana Ports and Harbours Authority.

Sector
Manufacturing and industrials / Shipping and Ports, Industrial Engineering Services
Markets
Ghana
Ownership
Private
Stage
Corporate
Capital raised
$96.1m
Business model
B2B Transactional, Rental/Leasing

Products and services

Inspection and Certification, Project Mobilisation Support, Marine Operations, Maintenance and Repairs, Lay-Up/Stacking & Port Services

Transactions

Source: Partner Researchers.