Caddell Dry Dock and Repair Co

What Caddell Dry Dock and Repair Co does

Caddell Dry Dock and Repair Co., Inc. is a privately-held, full-service shipyard founded in 1903 and located at 1515 Richmond Terrace on Staten Island's Kill Van Kull waterfront. The company provides marine vessel dry docking, repair, and maintenance services to commercial maritime operators in the New York Metropolitan Area. Its physical platform comprises seven floating dry docks with combined lifting capacity of approximately 23,200 tons, eight operational piers, and ten cranes spanning 10 to 50 tons of capacity with up to 200-foot reach and 6,500-ton heavy-lift capability. Caddell services over 300 vessels annually and serves customers including major Northeast tug and tow operators (McAllister Towing, Moran Towing, Reinauer, Gateway Towing, Donjon Marine), barge and marine construction firms (Weeks Marine, Buchanan Marine, Penn Maritime), and government fleets (United States Coast Guard, NYC DOT Staten Island Ferry).

The company's product portfolio is organized around three pillars: dry docking and full vessel repair, pier-side repair work with crane support, and a set of in-house specialized shops (A.B.S. certified welding capable of 43-foot tail-shaft clad welds, electrical, machine, pipe, plate, and carpentry shops). Surface coating operations including environmental sandblasting and waterblasting plus marine painting complete the vertically integrated offering, enabling complete repair projects to be executed on-site without external subcontractors.

The business model is project-based and quote-based: customers contact the yard directly, vessels are brought to the Staten Island facility, and pricing is negotiated per job rather than disclosed publicly. Revenue streams include dry docking services, pier-side repair, specialized shop services, and crane services, all classified as one-time engagements. Go-to-market is direct sales to enterprise maritime customers with no documented marketing channels beyond relationship-driven engagement. The company employs approximately 200 full-time workers plus subcontractors and is led by President Steve Kalil, Vice President Bill Chapman, and Yard Superintendent Tom Donato, following a transition from the founding Caddell family's direct ownership. No revenue figures, funding activity, or M&A history are disclosed.

Name

Caddell Dry Dock and Repair Co

Legal name

Caddell Dry Dock and Repair Co., Inc.

Website

https://caddelldrydock.com

Company type

Private

Founded year

1903

Operating status

Operating

Headcount range

101–250 employees

Short description

Caddell Dry Dock and Repair Co., Inc. is a Staten Island-based, full-service shipyard founded in 1903 that provides dry docking, repair, welding, surface coating, and crane services to commercial maritime and government vessel operators in the New York Metropolitan Area, operating seven floating dry docks and eight piers.

Ownership category

akta.pro rank

Product category

Shipyard & Marine Vessel Repair Services

NAICS

Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)

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 Docking & Hull Steelwork Repair (IMAJAFAA), Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Hull & Structural Repair (Steel/Aluminum, Plate Renewal, Coatings Prep) (TLAHAMAB), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

Keywords

• Marine vessel repair
• Shipyard dry docking
• Marine welding services
• Ship maintenance services
• Vessel repair and maintenance

Headquarters

HQ city

Staten Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain

Revenue model

1. Dry Docking Services: Dry docking and full repair of marine vessels using seven floating dry docks of varying sizes to accommodate different vessel dimensions
2. Pier Side Repair: Pier side repair work available on network of eight piers with crane operations
3. Specialized Shop Services: Surface coating operations (sandblasting and marine painting), certified welding (steel, aluminum, stainless steel), electrical services, machine shop, pipe shop, plate shop, and carpentry services
4. Crane Service: Crane service with 10 cranes ranging from 10-50 ton capacity for vessel handling and cargo operations

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Caddell Dry Dock and Repair Co., Inc. is a full-service shipyard providing dry docking, pier-side repair, and comprehensive marine vessel maintenance from its Staten Island facility on the Kill Van Kull. The company operates seven floating dry docks and eight piers with crane capability, supporting surface coating (sandblasting and marine painting), A.B.S. certified welding, electrical, machine shop, pipe, plate, and carpentry services. It serves commercial maritime operators, marine construction firms, and government fleets including the United States Coast Guard and NYC Department of Transportation ferries.

Product overview

Caddell Dry Dock & Repair Co., Inc. is a full-service shipyard offering a unified portfolio of marine vessel repair and maintenance services. The company operates seven floating dry docks of varying capacities alongside eight piers with crane capabilities extending up to 200 feet and handling loads up to 6,500 tons. The core offering centers on dry docking and comprehensive marine vessel repair, supported by in-house specialized shops including welding (A.B.S. certified), electrical, machine shop (with tail-shaft repair capabilities up to 43 feet), carpentry, pipe shop, and plate shop. Surface coating operations encompass sandblasting, waterblasting, and marine painting services. These services function as an integrated ecosystem within a single shipyard facility, allowing Caddell to handle complete vessel repair projects from initial dry docking through finishing work without requiring external contractors.

Differentiator

Problem solved

Functional benefit

Products and services

• Dry Docking and Full Marine Vessel Repair Full dry docking and comprehensive repair services for marine vessels on Caddell's seven floating dry docks, accommodating a wide variety of ship types and lengths.
• Surface Coating Operations Sandblasting and waterblasting using environmental systems for paint removal and surface cleaning, combined with marine painting for hulls, decks, tanks, superstructures, and machinery.
• Certified Welding Services A.B.S. certified welding services for steel, aluminum, and stainless steel, providing start-to-finish welding solutions for marine hulls and structural components.
• Electrical Services Full service electrical department providing shore power installation, generator repair and replacement, new system installation, and troubleshooting services for vessels at the yard.
• Machine Shop Services On-site machining including lathe work and milling, with A.B.S. certified clad weld of tail-shafts up to 43 feet in length and 24 inches in diameter.
• Carpentry Shop Full service carpentry from rough cut to fine finish work, including pilot house interior construction and pier network maintenance.
• Pipe Shop Pipe system rebuilding and renewal, including repair or replacement of leaking valves on deck or inside tanks.
• Plate Shop Plate rolling and shaping services, new fabrication per blueprint, and repair services with A.B.S. certified welders available.
• Crane Service Ten in-house cranes with capacities ranging from 10 to 50 tons, with crane operations extending up to 200 feet and capable of handling loads up to 6,500 tons for vessel handling and cargo operations.
• Pier Side Repair Pier side repair work available on a network of eight piers with crane operations at the Staten Island shipyard facility.
• Floating Dry Docks (Seven Docks) Seven floating dry docks of varying specifications for hire: Dock 1 (420ft x 100ft, 7,500 tons), Dock 2 (220ft x 68ft, 2,000 tons), Dock 4 (200ft x 48ft, 1,200 tons), Dock 5 John T. Devlin (310ft x 80ft, 3,500 tons), Dock 6 (300ft x 85ft, 4,500 tons), Dock 7 (176ft x 58ft, 1,800 tons), and Dock 8 Jill A. Caddell (255ft, 2,700 tons).

Quantifiable outcome

• Services over 300 vessels annually
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves3 records

Expansion highlights2 records

Direct peers

• Weeks Marine: Weeks Marine is a major marine construction, dredging, and vessel services operator in the NY Harbor area with its own shipyard capabilities, competing for similar regional tug, barge, and government vessel work.
• Senesco Marine: Senesco Marine operates a full-service ship repair and new construction yard in North Kingstown, RI, serving tug/barge and commercial vessel operators along the U.S. East Coast with comparable dry-docking and fabrication capabilities.
• Donjon Marine Co., Inc. Donjon Marine operates ship repair, drydocking, marine salvage, and dredging services in the NY/NJ Harbor region, directly overlapping with Caddell's core service offering and customer base.
• Bayonne Dry Dock & Repair: Bayonne Dry Dock & Repair is a NJ-based full-service ship repair yard operating floating dry docks and piers in the NY/NJ Harbor area, directly competing with Caddell for tug, barge, and harbor vessel work.

Broad incumbents

• Norfolk Naval Shipyard: Government-operated ship repair facility in Virginia providing full-service naval vessel repair, dry-docking, and modernization — relevant comparable for the U.S. Coast Guard and government contract work Caddell pursues.
• Vigor Industrial: Vigor Industrial operates a network of large full-service shipyards across the U.S. (including the former Todd Pacific and Cascade General facilities), providing a much broader platform of ship repair, conversion, and new construction services.
• Atlantic Marine (subsidiary of Vigor): Atlantic Marine operates large commercial ship repair yards on the U.S. East Coast (e.g., Philadelphia), offering full-service MRO comparable to Caddell but at materially greater scale.
• United States Coast Guard ( vessel maintenance programs ): The U.S. Coast Guard procures ship repair and dry-docking services from private yards like Caddell and from government shipyards; relevant as both a customer and a structural comparable for regulated vessel MRO.

Regional players

• McAllister Towing: McAllister is a major Northeast tug operator and a Caddell customer; it operates adjacent marine facilities and is a useful comparable for understanding the tug/tow customer side of the regional ship-repair ecosystem.
• Reinauer Maritime Group: Reinauer operates a fleet of tugs and barges in the Northeast U.S. and is also a Caddell customer; it owns limited in-house repair capacity and is a regional comparable for tug/barge dry-docking demand.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Caddell Dry Dock and Repair Co