The Port of London Authority (PLA) has stated that it is working with property developers London and Regional and the Royal Docks Team (RDT) to deliver the first new shipyard on the Thames in over a century at Albert Island in the London Borough of Newham.
The planned shipyard forms part of Albert Island, London and Regional's 10-hectare, multimillion-pound industrial regeneration scheme in the Royal Docks.
PLA chief executive Robin Mortimer said the establishment of the new shipyard on the Thames will mean services can be provided swiftly, saving operators time taking vessels to yards off the river and minimising downtime.
Plans for the shipyard also include installation of a boat lift and other infrastructure. The PLA expects the selected operator to obtain all relevant consents in accordance with the policies in the London Plan, Newham Local Plan, plus permits/licenses from the PLA, the Marine Management Organisation and the Environment Agency.