The keel laying ceremony is a milestone event in the construction of a vessel as it marks the moment when the first block of the newbuild ship is placed on the slipway. Throughout the rest of the construction process, the vessel will remain on the slipway until the next important milestone, the launch. As per shipping tradition, one or two coins are placed under the keel block of the new ship as it is lowered, as a symbol of good fortune.
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