PORT ANGELES — A study released Monday suggests that moving a dry dock from Portland, Ore., to the Port of Port Angeles would be a risky business venture.
Paul Sorensen, principal of BST Associations, a Bothell-based marketing and research firm, told Port commissioners during a meeting Monday that the “viability of a dry dock is at best uncertain.”
Port commissioners are investigating the possible acquisition of a $7.8 million U.S. Navy dry dock currently in use and leased by Cascade General ship-repair company in Portland, Ore.
The lease on the floating dry dock ends in January and the Navy is expected to decide on its future in the next few months.
“You could expect to have less than 30 percent utilization,” Sorensen told commissioners.
This entire report appears in today’s Peninsula Daily News Clallam County edition, available throughout the county. Click onto “Subscribe” to have the PDN delivered to your home or office.