This trading area comprises all countries surrounding the Caribbean Sea (incl. Cuba). The ship repair business in this region is very much influenced by the ever booming cruise industry which is its major area of operation. There are two dominating ship repair facilities operating:
Caribbean Drydock Company, Havana, has long been the only dockyard in the Caribbean during the colonial period.
Grand Bahama Shipyard which was founded only in 1999 with a single Panamax dock has grown from humble beginnings to become the world leader in refits, refurbishments and revitalizations especially for cruise vessels. The Yard is strategically located in Freeport, approximately 100 miles east of Miami, Florida (the 'cruise capital' of the world) along all the major shipping routes.
Damen Shiprepair Curaçao is strategically located in the Caribbean, en route to the Panama Canal, and outside the Hurricane Belt within a natural bay. In 2017, global player Damen Shiprepair & Conversion took over the management of the Curaçao Drydock Company, established in 1959. Under the new name it will continue offering a full range of services in maintenance, repair, refit and conversion of vessels and offshore constructions of all sizes.