Province Awards $110,000 Contract to Assess N.L. Shipbuilding Capacity

The provincial government is awarding a $110,000 contract to CPCS Transcom Ltd. to assess whether Newfoundland and Labrador has the capacity to build three new vessels for its intra-provincial ferry fleet.

The assessment will examine the province's existing shipbuilding industry and determine what infrastructure, workforce, technical expertise and investments may be required to support future ferry construction projects locally.

CPCS Transcom Ltd. was selected as the preferred bidder following a public Request for Proposals. The company will consult with shipyard operators, marine designers, construction companies, labour organizations and government partners as part of the review.

The study will identify opportunities and challenges within the sector and provide recommendations on strengthening the province's shipbuilding capabilities. It will also examine potential workforce development and training requirements, infrastructure upgrades and strategic investments.

The assessment supports the provincial government's commitment to replacing aging ferries with a modern and reliable fleet, while exploring opportunities to have new vessels built in Newfoundland and Labrador.

The government says building vessels locally could help maximize economic benefits, support skilled employment and increase local participation in major capital projects.

The final report is expected to be completed by March 31, 2027.