Bayonne Dry Dock & Repair

What Bayonne Dry Dock & Repair does

Bayonne Dry Dock & Repair Corporation (BDD) is a privately held, full-service ship repair yard founded in 1997 by Michael Cranston and headquartered at the former Military Ocean Terminal at Bayonne (MOTBY), New Jersey. The company operates three integrated service modules on a single site: a 1,092-foot graving dock (the largest in the Northeast United States), a 1,280 metric ton Mobile Boat Hauler (MBH) travel lift commissioned in July 2021 and christened the 'Christopher Edward' in December 2022, and 1,600 feet of wet berth pier space. These are supported by an in-house fleet of cranes (up to 150-ton capacity), full-service carpenter, electrical, machine, piping, plate, rigging, sandblasting/paint, and tailshaft shops, plus 24/7 emergency repair capability.

BDD's revenue model is project-based, fee-for-service ship repair with quote-based pricing tailored to each vessel's specifications, scope of work, and timeline. Revenue streams include drydocking overhauls (largely for U.S. Navy Military Sealift Command vessels up to ~1,000 feet), MBH haul-out and topside repair services for commercial workboats (tugs, barges, ferries), wet berth rental, and federal grants supporting capital improvements (e.g., a $730K DOT Maritime Administration grant in May 2023). Customer concentration skews toward U.S. federal defense customers (U.S. Navy MSC, U.S. Coast Guard, U.S. Army Corps of Engineers) augmented by a roster of repeat Northeast marine construction and towing operators (Great Lakes Dredge & Dock, Weeks Marine, Donjon Marine, Reinauer Transportation, McAllister Towing, NY Waterway, Stasinos Marine).

BDD differentiates through capital-intensive infrastructure ($25M MBH investment, inherited graving dock), a strategically constrained Northeast location inside the Port of NY/NJ with no air-draft restrictions, and trust-based customer relationships built on on-time and on-budget delivery. The company achieved ~99% graving-dock occupancy in the five years preceding the MBH launch and has completed 20+ Navy overhauls since 2015. In March 2023 BDD became the first shipyard in the Port of NY/NJ to join the Green Marine environmental certification program. Leadership is currently Kevin Sullivan (President), Ryan Woerner (EVP and General Counsel), and Bob Magas (VP of Commercial Operations), with ~300+ employees of whom approximately 85% are minority.

Name

Bayonne Dry Dock & Repair

Legal name

Bayonne Drydock and Repair Corporation

Website

https://bayonnedrydock.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Bayonne Dry Dock & Repair (BDD) is a privately held, full-service ship repair yard in Bayonne, NJ, operating the Northeast's largest graving dock, a 1,280 MT Mobile Boat Hauler, and 1,600 feet of wet berth. It serves U.S. Navy MSC, U.S. Coast Guard, and commercial workboat operators across the Port of NY/NJ.

Ownership category

akta.pro rank

Product category

Ship Repair & Drydocking Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Dry Docking & Dockyard Operations (Graving/Floating Docks, Docking Services) (TLAHAMAA), Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

Keywords

• Ship repair services
• Drydock facilities
• Vessel maintenance
• Marine repair yard
• Shipyard services

Headquarters

HQ city

Bayonne

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Drydocking and ship repair services: Fee-for-service ship repair, scheduled maintenance, and emergency repairs performed at the graving dock — quote-based, project-by-project pricing. Customers include U.S. Navy (Military Sealift Command), U.S. Coast Guard, and commercial operators.
2. Mobile Boat Hauler (MBH) haul-out and topside repair services: Per-lift and project-based fees for hauling tugs, barges, ferries, and small commercial vessels via the 1,280 MT MBH and servicing them at land berthing stations; services include blasting/painting, steel repairs, tailshaft/propeller work, tank cleaning, mechanical/electrical upgrades.
3. Wet berth rental: Berthing fees for vessels using over 1,600 feet of pier space at the Bayonne facility.
4. Government grants and federal funding: Federal grants supporting capital improvements and infrastructure (e.g., $730K federal grant awarded to Bayonne Dry Dock).

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels9 records

Core offering

Bayonne Dry Dock & Repair operates a full-service ship repair yard in Bayonne, New Jersey, providing drydocking, mobile boat hauling, wet berthing, and topside repair services for commercial vessels, tugboats, barges, ferries, and U.S. Navy and Coast Guard ships. The yard combines the largest graving dock in the Northeast U.S. (1,092' x 148' x 35'), a 1,280 metric ton Mobile Boat Hauler travel lift with multi-vessel laydown area, 1,600 feet of wet berth space, and in-house trade shops for end-to-end repair execution.

Product overview

Bayonne Dry Dock & Repair (BDD) operates a single full-service ship repair yard at Bayonne, NJ, organized as a platform of three core service modules supported by shared infrastructure. The three core modules are: (1) the Graving Dock — a 1,092' x 148' x 35' drydock used for large-scale vessel overhauls (especially U.S. Navy LMSR ships up to ~1,000 ft); (2) the Mobile Boat Hauler (MBH) — a 1,280 MT Cimolai travel lift and laydown complex for rapid out-of-water service on tugs, barges, ferries and pleasure craft (capable of lifting a vessel in about an hour); and (3) the Wet Berth — 1,600 ft of pier space for pier-side berthing and repair. These three modules are supported by an in-house fleet of Cranes (up to 150-ton capacity), Dockside Services, and Full Service Shops (Carpenter, Electrical, Machine, Piping, Plate, Rigging, Sandblasting & Paint, and Tailshaft), plus yard utilities (4,160V/480V power, fresh water, sewage). The yard also offers 24/7 Emergency Repair Services. Together the Graving Dock, MBH, and Wet Berth form BDD's integrated offering covering major Navy refits, scheduled commercial maintenance, and rapid emergency response.

Differentiator

Problem solved

Functional benefit

Brands

• Christopher Edward: Named Mobile Boat Hauler (MBH) christened in December 2022 in honor of Michael Cranston's late brother, a retired NYPD Detective who died from 9/11-related illness.

Products and services

• Graving Dock Services Full-service drydocking and ship repair using a 1,092' x 148' x 35' graving dock with a 99,000-ton floor load capacity, serving large-scale vessels up to 1,000 feet including U.S. Navy MSC LMSR ships and major commercial vessels.
• Mobile Boat Hauler (MBH) / Travel Lift Services Haul-out and topside repair services using a 1,280 MT Cimolai mobile boat hauler that lifts vessels from the water in approximately one hour and relocates them to one of eight land-based blocking stations for inspection and repair; serves tugboats, barges, ferries, and small commercial vessels.
• Wet Berth Services Pier-side berthing and dockside repair services using 1,600 feet of pier space (1,600' x 35'), available for any vessel requiring pier-side work rather than drydocking.
• Dockside Services Pier-side vessel repair and maintenance services using yard equipment, distinct from graving dock and travel lift service lines.
• Crane Services On-site crane rental and rigging services using a fleet including a 65-ton gantry, 40-ton gantry, 150-ton hydraulic mobile, 50-ton hydraulic mobile, 110-ton hydraulic mobile all-terrain, Manitowoc 16000 crawler crane, and a 13,200 lb Magni rotating/telescopic crane.
• Full-Service Trade Shops On-site shipyard trade shops including Carpenter, Electrical, Machine, Piping, Plate, Rigging, Sandblasting & Paint, and Tailshaft shops that enable end-to-end repair execution without outsourcing core capabilities.
• 24/7 Emergency Repair Services

Quantifiable outcome

• Reduced vessel out-of-water time from 4 hours to ~1 day down to ~1 hour with MBH vs. drydock
• +4 more outcomes

Named customers21 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core, flagship and minor.

• U.S. Coast Guard Sector New YorkcoreStrategic or Co-development Partner · 18 August 2023CAPT Zeita Merchant, Commanding Officer of USCG Sector New York, visited BDD's facility and received a tour and presentation on how BDD can serve the Coast Guard. Multiple Coast Guard cutters (USCGC William Tate, USCGC Margarett Norvell) are active projects at the yard.
• U.S. Navy Military Sealift CommandflagshipStrategic or Co-development Partner · 9 December 2022BDD has completed 15 required overhauls on U.S. Flag Naval vessels in the past five years via its graving dock (99% occupancy). Rear Admiral Michael Wettlaufer (Commander, MSC) toured BDD and the USNS Pomeroy on October 28, 2022, and General Jacqueline Van Ovost (Commander, TRANSCOM) toured the USNS Watkins at BDD on April 21, 2023, underscoring the strategic defense partnership.
• Port Authority of New York and New JerseyflagshipStrategic or Co-development Partner · 1 December 2022Port Authority leadership — Chairman Kevin O'Toole and Port Director Bethann Rooney — attended and participated in the December 2022 christening of the 'Christopher Edward' MBH. The Port Authority publicly recognized BDD's role as 'key maintenance facility for commercial and military vessels' in the Port of NY/NJ, and the BDD team conducts ongoing strategic discussions with PANYNJ leadership. BDD's facility sits within the port complex and is operationally interdependent with PANYNJ.
• Green MarinecoreStrategic or Co-development PartnerBDD became a certified member of the Green Marine environmental certification program in March 2023 — the first shipyard in the Port of NY/NJ to do so. Green Marine independently verifies environmental performance every two years across air pollutants, greenhouse gases, spill prevention, waste management, and community impacts. David Bolduc (Green Marine president) is publicly quoted endorsing BDD's participation.
• Lomma CranecoreImplementation/ SI/ Consulting PartnerNew Jersey-based premier crane provider that collaborated with BDD on a U.S. Navy vessel ramp-lift project in Bayonne. Lomma COO Frankie Signorelli and BDD coordinated crane operations with rigging supplier LGH and engineer Stroh Engineering to successfully lift and block the ramp on schedule.
• LGH (Lifting Gear Hire)minorImplementation/ SI/ Consulting PartnerRigging equipment rental supplier for the Navy vessel ramp project at BDD. LGH rep Pete Fortunes consulted on rigging selection, joined engineering conference calls with Lomma Crane and Stroh Engineering, and helped ensure successful on-time execution.
• Stroh EngineeringminorImplementation/ SI/ Consulting PartnerEngineering partner that collaborated with BDD, Lomma Crane, and LGH on the Navy vessel ramp reassembly, helping adjust the approach when initial plans didn't account for a walkway and platform above the rigging location.
• Green Marine (certification body)coreStrategic or Co-development PartnerGreen Marine is the leading environmental certification program for North America's maritime industry; BDD joined as the first shipyard in NY/NJ, benchmarking performance against 70+ terminal and shipyard operators.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Vigor Industrial: One of the largest U.S. ship repair and fabrication operators, with multiple yards on the West Coast; comparable as a broad private-sector shipyard incumbent offering drydocking, fabrication, and Navy/commercial work at scale.
• Gulf Island Fabrication: Louisiana-based publicly traded fabrication and shipyard services company serving Navy, Jones Act, and offshore energy customers; comparable as a broader shipyard/repair incumbent with federal contract exposure.
• BAE Systems San Diego Ship Repair: Large San Diego-based ship repair yard (formerly Southwest Marine) operating as part of BAE Systems' U.S. ship repair portfolio; comparable as a broad private-sector Navy and commercial repair incumbent.
• Continental Maritime of San Diego (Huntington Ingalls): San Diego ship repair yard owned by Huntington Ingalls Industries, serving the U.S. Navy and commercial customers; comparable as a large, broad ship-repair incumbent with Navy and commercial workboat capabilities.
• Fore River Shipyard (General Dynamics): Quincy, MA shipyard operated by General Dynamics Bath Iron Works historically supporting Navy and commercial vessel work; comparable as a large Northeast shipyard incumbent with drydock and overhaul capability.

Direct peers

• Caddell Dry Dock & Repair: Staten Island, NY-based full-service ship repair yard with a 1,000-ton drydock and marine railway; directly comparable to BDD as a Northeast commercial and government vessel repair competitor in the NY/NJ market.
• Colonna's Shipyard: Norfolk, VA full-service ship repair yard serving U.S. Navy, Military Sealift Command, and commercial customers; closely comparable to BDD in its mix of Navy overhauls and commercial workboat/dredge repairs.
• International Ship Repair & Marine Services: Tampa, FL full-service shipyard with multiple drydocks and piers serving Navy MSC and commercial customers; comparable to BDD as a privately held, mid-sized multi-dock repair business.
• Aker Philadelphia Shipyard: Philadelphia, PA shipyard historically focused on commercial vessel construction and repair; comparable as a Northeast private-sector peer with graving-dock capability and federal/commercial work.
• Alabama Shipyard: Mobile, AL commercial and government ship repair yard with multiple drydocks; directly comparable to BDD in scale, services (drydocking, topside repair, fabrication), and customer mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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• Instagraminstagram.com/bayonnedrydock

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bayonne Dry Dock & Repair