IPA: /ˈʃɪp.jɑːrd/
KK: /ˈʃɪpˌjɑrd/
A place where ships are constructed or fixed.
The shipyard was busy with workers building a new vessel.
Shipyard → It is formed from "ship" (from Old English *scepp*, meaning a vessel for traveling on water) and "yard" (from Old English *geard*, meaning an enclosed area or place). A shipyard is a place where ships are built or repaired, essentially an enclosed area for vessels.
Think of a 'vessel for traveling on water' ('ship') being built or repaired in an 'enclosed area' ('yard'). This helps you remember that a shipyard is where ships are constructed or maintained.