What does a shipyard do?
Shipyard
a place where ships are built and repaired
A shipyard (also called a dockyard) is a place where ships are built and repaired.  These can be yachts, military vessels, cruise liners or other cargo or passenger ships.  Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction.  The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles.