The history of the Yard dates back to 1962, when its construction started and its operation commenced in October 1969. Since then, it has expanded considerably becoming one of the major shipyards in the Mediterranean. The new management since 1997 , implemented successfully an extensive investment program, that has enabled “Elefsis Shipyards” to keep pace with developments in the new building technology and to claim a leading role in the shipbuilding industry. Located in Elefsis Bay at Lat.38o 02’ N Long.023o 33’E approximately 10 nautical miles from the anchorage of Piraeus can provide all kind of shipyard services. In an area of 250 th sq. m, of which 56 th sq.m is under cover, offers construction, repair and modification facilities.