Shipyard is a yard where ships are built or else repaired. Shipyards are also known as dockyards. Shipyards include building of ships such as yachts, military vessels, cruise liners or other cargo or passenger ships. Shipyards refer to a place designed specifically for ships initial construction. Shipyards are constructed by the sea or by tidal rivers to allow easy access for ships. Shipyards contain many shipping equipments such as cranes, dry docks, warehouses, painting facilities and extremely large areas for fabrication of ships.