Vigor Marine LLC, a wholly owned subsidiary of Vigor Industrial, has completed the asset purchase of Marine Industries Northwest, Inc. (MINI) in Tacoma, Wash. The transaction closed on August 9, 2010 and Vigor Marine officially began vessel repair and conversion operations the same day. Key points of contact for the company are General Manager Adam Beck and Ship Repair Manager Mark Donahue. Adam brings 24 years experience in the marine repair industry, in locations ranging from San Diego to Alaska. Mark Donahue brings 31 years of management experience and strong customer relationships to the Vigor Marine team. www.vigormarine.com
Vigor Marine, a Vigor Industrial subsidiary, recently completed work on Barge Klamath, converting the vessel from a petroleum tank barge to an OSVR measuring 350’ x 76’ x 22’. The barge is owned by Crowley and leased to Shell as part of its comprehensive Alaskan oil spill response fleet in the Beaufort and Chuckchi seas. “Vigor’s extensive expertise in ice classing vessels for arctic waters, combined with the geographic proximity of their facilities
Listed among the latest Department of Defense, Navy, contracts, Detyens Shipyards, Inc., is to overhaul and drydock the 'USNS Leroy Grumman' and Vigor Marine LLC is to carry out the same on the 'USNS Yukon'. Details as follows: 1. Detyens Shipyards, Inc., North Charleston, S.C. is being awarded a $9,654,055 firm-fixed-price contract for a 55-calendar day regular overhaul and dry docking of fleet replenishment oiler USNS Leroy Grumman (T-AO 195).
West Coast Shipyard banks on the old adage, “if we build it, they will come.” In a climate of both seemingly fat backlogs and at the same time uncertainty for domestic shipyards, Vigor Industrial is one company that continues to make news in the shipbuilding and repair merger and acquisition markets. After acquiring Todd Pacific Shipyards in 2011 for $130 million, Vigor also diversified its geographic offerings when it scooped up Alaska Ship and Drydock in Ketchikan after raising
Kevin Quigley, who built VIGOR’s Everett Shipyard into one of the largest dockside repair centers in the Pacific Northwest, has been named president of VIGOR’s US Fab division. Quigley will oversee all of VIGOR’s new ship construction including ferries, advanced Coast Guard cutters, barges, fishing and cargo vessels. As US Fab president, he also will direct the company’s growing land-based and alternative energy fabrication projects
Vigor Industrial inform that the owner of Seward Ship’s Drydock has signed a letter of intent to sell the assets of the Seward, Alaska, shipyard company to Vigor Industrial. Seward Ship’s Drydock operates as a full service shipyard and drydock facility, in Seward, Alaska. Under the terms of the tentative deal, the Seward shipyard would join Vigor as a subsidiary of the company’s Vigor Alaska subsidiary.
Frank Foti of Vigor Industrial has steadily embarked on a consolidation of the Pacific Northwest ship construction and repair industry. Starting in Portland in 1995 with about 50 employees, the ubiquitous owner of Vigor has built his business today to more than 2,000 employees in an ever-widening industrial group. During a recent visit to Seattle, he shared insights on his company and the market. “Vigor is a diversified marine and industrial fabricator and it is a ship repair
The largest floating drydock in the United States, the Vigorous, has arrived at Vigor Industrial’s Portland shipyard. What’s happening? Vigor Industrial’s new floating drydock, the Vigorous, is headed towards Portland. See our news release for details of arrival. What is the Vigorous? The Vigorous is the largest floating drydock in the United States. The Vigorous will be 300 feet longer and one and a half times the width of Vigor’s largest drydock
Todd Shipyards Corp. (NYSE: TOD) and Vigor Industrial LLC announced that they have entered into a definitive agreement under which Vigor will acquire the stock of Todd for $22.27 per share, or approximately $130m. The transaction is structured as an all cash tender offer. Under the terms of the agreement, which has been unanimously approved by Todd’s board of directors, Vigor will offer to purchase all outstanding shares of Todd’s common stock for $22.27 in cash per share
Vigor Industrial has emerged as a leading consolidator of shipbuilding prowess on the U.S. West Coast, and the company continues to invest in new capability and infrastructure. “Over the past year there has been a marked increase in vessel fabrication opportunities of all kinds, including for ferries, tugs, barges, and fishing vessels,” said Vince Piscitello, VP of Sales, Marketing and Business Development
Kvichak Marine Industries, a Vigor Company, was recently awarded a contract to design and build a 48’ all-aluminum foil assisted research catamaran for the King County Environmental Laboratory. The vessel will operate in Puget Sound
Thordon Bearings has received an order to supply its COMPAC system to two Alaska Ferry newbuilds under construction at the Vigor Industrial shipyard in Ketchikan, Alaska. The Canada-based company, a supplier of seawater-lubricated propeller shaft bearings
The 14,000-long ton capacity drydock Vigilant that will support hundreds of family-wage industrial jobs at Vigor Industrial’s shipyard on Harbor Island is scheduled to arrive in Elliott Bay late Saturday or early Sunday. The 528-foot long drydock
Tidewater Transportation & Terminals takes delivery of new towboat Crown Point from Vigor Industrial to be deployed in Tidewater’s Columbia and Snake River service mid-April Tidewater Transportation and Terminals, headquartered in Vancouver, Washington
Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges Fabrication teams at Vigor Industrial’s Tacoma, Wash. shipyard have delivered three 60’ x 24’ x 15.5’ breasting barges to Foss Maritime
Kvichak Marine Industries, a Vigor Industrial Company, was awarded a contract by the Water Emergency Transportation Authority (WETA), San Francisco, Calif. for the design and construction of two all-aluminum 400 passenger-only ferries.
Kvichak Marine Industries, Inc, a Vigor Industrial Company, delivered the first of three new Bristol Bay boats. The new, top house design all-aluminum 32’ x 16’ jet propelled gillnetter is a product of the Kvichak design team and is powered by twin Volvo D11 EVEC-E engines
Merger positions combined company to play a dominant role in recapitalization of North Pacific fishing fleet and emerging Arctic oil gas operations. Kvichak Marine Industries and Vigor Industrial today announced the companies are merging to unite their strengths in the design and fabrication of
Seaspan’s Victoria Shipyards announces retirement of vice president and general manager, appoints successor Seaspan’s vice president and general manager of Victoria Shipyards Co. Ltd., Malcolm Barker, will retire Spring 2015, following more than 21 years with the company.
Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by the Government of American Samoa to build a multipurpose vessel to operate in the warm waters of the South Pacific primarily between Pago Pago and the Manu’a Islands
Washington State 144-car ferry Superstructure Chimacum to be built at Nichols Brothers Boat Builders Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) has been contracted by Vigor Industrial to construct the superstructure portion of the third Olympic Class 144-Car Washington
Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial, to provide a highly efficient propulsion system for its future Alaska Class ferries that will be built by Vigor Shipyards in Ketchikan
Ferries for Alaska’s harsh conditions, built in Alaska by Alaskans. Vigor and Elliott Bay Design Group team up for a winning combination as the new Alaska Class Ferry Project takes shape. With its network of islands and fjords, rugged mountains and spectacular tidewater glaciers
Jensen Maritime to provide detail production engineering and construction management on San Francisco Fire Department fireboat Jensen Maritime, a wholly owned Crowley Maritime Corp. subsidiary, has been selected to provide detail production engineering and construction management on an
The new Alaska Marine Highway System ferries, to be built by Vigor Industrial, will feature Rolls-Royce propulsion systems. Rolls-Royce has been selected by the Alaska Department of Transportation and Public Facilities, via its Alaska Marine Highway System, and Vigor Industrial