Tax break puts Belfast shipyard on course for $4 million expansion

A $4 million midcoast shipyard expansion cleared one of its final hurdles last week, as city officials put the rubber stamp on a credit enhancement agreement that could allow the business to service superyachts and build ferries. For the past two years, Front Street Shipyard has been pushing to build Building 6, a 21,700-square-foot hangar-like structure that would allow the company to service and possibly build larger ships.