Hydro Marine and Boats Services Limited interest in boat building arose from the desire to engage in unique manufacturing enterprises and to contribute to the development of a host of activities associated with marine technology, oil & gas, fishing, transportation, police, defense and leisure. Before engaging in the operation of boat building, for many years, Hydro Marine and Boats Services Limited was engaged in the importation of boats and Yamaha Outboard Engines.
A sound market evaluation identified huge prospects for numerous boats to meet specific requirements in the fishing industry, mass transit, defense and leisure. GRP was chosen as the mode of construction due to its strength, durability, easy to repair/maintain and corrosion-free properties.
We realised that the future of Hydro Marine and Boats Services lay in producing boats rather than importing them, and built its first boat-building factory in 1980. With technical assistance from the Yamaha Motor Company, Japan, we acquired the technology to construct its own moulds in Nigeria for the mass production of GRP utility boats.