Workers watch a ship being moved at Point Hope Maritime. The shipyard has been servicing commercial and private ships since 1873. (Black Press file photo)

Two key companies join forces to expand service at Esquimalt graving dock

Ralmax buys Esquimalt Drydock Company

Two key companies in the local marine sector have completed a purchase agreement that will expand ship repair resources in the region.

The Ralmax Group of Companies – the parent company to Point Hope Maritime – and Esquimalt Drydock Company Ltd. (EDC) are joining forces to expand ship repairs and maintenance at the Esquimalt graving dock.

Under this transaction, EDC will now operate as a new division of Point Hope, under the Ralmax umbrella.

EDC will continue to operate under the same name and will also keep serving their current clients as part of this new division.

READ ALSO: Canadian Coast Guard breaks ground on permanent search and rescue station in Victoria

Sage Berryman, co-CEO of the Ralmax Group, said the company is proud of the purchase agreement because the new relationship will ensure continued quality service.

“This agreement retains important local jobs and will provide essential expansion and skillsets to our growing team at Point Hope,” Berryman said in a statement. “This investment continues our commitment to growing a sustainable marine sector which is essential to our local, regional and provincial economies.”

Joe Sansalone, EDC president, noted the agreement is in the best interests of everyone involved — from the marine industry itself to the families of the employees.

Sansalone’s connection to Point Hope runs deep.

“We share a mutual respect and a commitment to support and empower a generation of talented workers who have expertise and knowledge to share,” he said. “I will continue to be involved in running the operations of EDC, now a division of Point Hope Maritime, and am grateful that my employees will join me in working to ensure the continued success of the business.”

Riccardo Regosa, Point Hope general manager, is looking forward to welcoming Sansalone and the EDC staff.

READ ALSO: Why are huge cranes in Vic West holding up tiny boats?

“Their skills and expertise working in and around a graving dock will be essential to our ability to continue to service our customers,” he noted.

Regosa added the B.C. Government, Service Employees’ Union and the Operating Engineers were integral to the negotiations.

The EDC has been servicing Canadian ships on the south end of Vancouver Island since 1998 and Point Hope Maritime has been repairing and refitting all varieties of vessels since 1873.


@devonscarlett
devon.bidal@saanichnews.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

No ‘harmonious solution’ dogs on beaches in Saanich, community-led study finds

Cadboro Bay Residents’ Association present findings to council Sept. 28

B.C. Greens introduce all-women slate for Victoria, Saanich and Oak Bay ridings

School trustee Nicole Duncan assumes Oak Bay-Gordon Head candidacy

Long-time Central Saanich councillor named NDP candidate for Saanich North and the Islands

King, who joins election campaign one week after its start, hopes to unseat Adam Olsen

VicPD explains why calls for service can’t be compared to years before 2019

Department launches Open VicPD, new platform in aim to be transparent

Worklink march in Langford supports Orange Shirt Day

Ahousaht Prayer Song sets the tone

B.C. counts 125 new COVID-19 cases, up to 1,284 active

No new deaths or health care facility outbreaks

Health Canada green-lights rapid COVID-19 test

Health Canada approved the BCube test from Hyris Ltd. in the United Kingdom Sept. 23

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

FINLAYSON: COVID-related job losses concentrated in urban areas… especially Metro Vancouver

The biggest job losses, in absolute terms, have been in Metro Vancouver

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

6 puppies rescued in mass seizure on Princeton farm die from illness: BC SPCA

Of the 97 distressed horses, cats and dogs seized, most of the puppies suffered from parvo

Action demanded over death of First Nations youth in Abbotsford group home

Family and Indigenous organizations push for thorough investigation

U.S. boater fined $1,000 for violation of Quarantine Act

49-year-old man entered Canada to visit girlfriend in Surrey

More sex abuse charges laid against B.C. man who went by ‘Doctor Ray Gaglardi’

Investigators now focussing efforts on alleged victims within the Glad Tidings Church community

Most Read