Oceanco is a privately owned custom yacht builder that builds full displacement yachts in 80m+ range. Since its inception in 1987, Oceanco has built 29 custom superyachts up to 110m in length. Several 100m+ yachts are currently under construction. The company has the ability to simultaneously build 5 yachts in the 80m+ category (in various stages of design, engineering and construction), delivering approximately two yachts per year. In 2008 the company acquired more land adjacent to the present yard, and in 2010 they set about demolishing the old buildings and slips, to make way for a new covered dry-dock, which now allows them to construct yachts up to 140 metres.