This case focuses on the expansion decision of a Singapore based shipyard, Jurong Shipyard Limited (JSL). While exploring the options of expansion of facilities, JSL found three choices emerging. Firstly, the company could construct a new graving dockyard. Secondly, it could opt for building a new floating dockyard. Thirdly, it could buy an existing dockyard of either a floating type or a graving type or invest in buying a small company having such facilities. The case provides data on the market scenario for demand assessments. The competitive scenario is also presented. Using appropriate cost estimates, an analysis can be carried out.