After the Second World War, though the two large docks handled all major building and repairing works for vessels, there were, nevertheless, a number of small to medium-sized dockyards operating within Hong Kong. The Hong Kong Shipyard, set up in 1923 and situated along the Cheung Sha Wan shoreline, was a subsidiary of the Hongkong and Yaumati Ferry Company Limited (HYF). The Cheoy Lee Shipyard set up business in Pudong, Shanghai in 1870 and moved to Hong Kong in 1936. It had a dockyard in Ngau Chi Wan specialising in making yachts. The Hong Kong Shipyard, together with its parent company HYF, were taken over by the Hong Kong Ferry(Holdings) Company Ltd. in 1989. Cheoy Lee moved to Lantau in 1968, though it retained some small yards in Cheung Sha Wan. They were famous for their use of innovative materials, such as fibre glass (1962)[18] and GRP (glass reinforced plastic) (1972), for ship construction.[19] During the 1970s, small to medium-sized dockyards were distributed mainly along the coast of Aberdeen, Ap Lei Chau, Causeway Bay and Shau Kei Wan on Hong Kong Island; Cheung Sha Wan, Yau Ma Tei and Yau Tong Bay on Kowloon side; and Sai Kung, Pak Sha Wan, Tai Po, Castle Peak, Ma Wan, Tsing Yi, and Junk Bay in the New Territories. As reclamation had continued apace, many of the shipyards ceased business, leaving only a small number of family-type shipyards in the New Territories.
Tsing Yi is now the main centre for the docks, with both the United Dockyard and the Hong Kong Shipyard operating there, whilst Cheoy Lee merely occupies a small shipyard on the newly reclaimed land outside Cheung Sha Wan.