Cory acquire Gravesend slipway

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Cory Riverside Energy (“Cory”) announces that it has acquired Thames Ship Repair Service, an established shipping maintenance company and its slipway in Gravesend, Kent.

With this acquisition Cory will take in-house the ability to maintain its fleet of barges and tugs, as well as continuing the provision of third party services, which realised revenues of £1.2m in 2017.

The acquisition, which includes two slipways off the River Thames, will enable Cory to accommodate the expansion of its existing 55 barge and vessel fleet.



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