Atlantic Shipbuilding Co
of Newport
1953 Private company founded by the Bailey family who took over an abandoned shipbuilding yard in Newport.
1950s The yard almost immediately received orders for three Great Lakes traders for Canadian companies. This led on to coasters ordered for the Cuban Government.
1954 Became public company
1960s The yard then built trawlers for British and Ghanaian companies.
1961 Shipbuilders and repairers. 250 employees. [1]
1962 Built the motor yacht Khalidia, a 44 metre luxury steel vessel and fitted with twin Baudouin engines to give a top speed of 14 knots
The yard then got into financial difficulties and was restructured under new owners as the Newport Shipbuilding Co