Adam Beck News

The U.S Coast Guard has awarded Vigor Alaska, a Titan company, a $3.65 million contract to perform maintenance and repairs on U.S. Coast Guard Cutter John McCormick at the Ketchikan Shipyard.Work on the project begins this week and will cover comprehensive maintenance and repair of the vessel. After USCGC John McCormick is dry docked, the team at Ketchikan Shipyard will inspect the hull plating, conduct maintenance on the ship's propulsion system and renew hull coatings, as well as several other key maintenance and repair operations.

Washington State Ferries has tapped local shipyard Vigor to convert up to three of its Jumbo Mark II class ferries to low-emission hybrid-electric power.Vigor's $150 million winning bid for the contract came in about $16 million under the second place bid from another Washington shipyard, but was still approximately $30 million above the state’s $120 million estimate for the project. Vigor has been awarded approximately $100 million for the conversion of two vessels, with a fixed-price option to convert the third vessel in 2025.WSF…

Vigor announced it has completed a three-year modernization project on U.S. Navy Ticonderoga-class guided-missile cruiser USS Chosin (CG 65) at its Harbor Island shipyard in Seattle.The project, which encompassed more than 1.7 million hours of work for Vigor employees, in addition to work by dozens of subcontractors and the U.S. Navy, was one of the largest, longest and most complex in Vigor’s history, the company said. Work completed including weapons, communications and information systems modernization, as well as upgrades to many other areas of the ship.

Vigor reports it has completed the modernization of USS McCampbell (DDG 85) at Swan Island, sending the Arleigh Burke-class guided-missile destroyer on to its new homeport at Naval Station Everett, Wash. The 18-month, more than $155 million project was the largest ever completed by Vigor’s Ship Repair team, and the largest of its kind at Swan Island in nearly 30 years, the company said.“Our skilled workers at Swan Island were honored to support the U.S. Navy and get USS McCampbell back into service,” said Adam Beck, Vigor Executive Vice President of Ship Repair.

Vigor was awarded a $254,566,431.36 firm-fixed-price contract for the execution of USS Chosin (CG 65) and USS Cape ST. George (CG 71) Modernization Periods (MODPRD). The contract includes options, which if exercised would bring the cumulative value of this contract to $303,677,110.Work will include a combination of maintenance, modernization and repair. The modernizations will keep these ships combat effective to support fleet operations for many years to come.Work will be performed at Vigor's Harbor Island facility in Seattle…

Vigor said it has entered into an agreement to purchase a drydock from a Korean seller, continuing the shipbuilder’s ongoing infrastructure investments and expansion of U.S. West Coast drydock capacity. At 640 feet long with a clear width of 116 feet, the new dock will be the third, and largest, at Vigor’s Harbor Island shipyard. “The purchase of another drydock in Seattle allows Vigor to better service valued  customers like Washington State Ferries, the U.S. Coast Guard and U.S. Navy,” said Adam Beck, Vigor Executive Vice President of Ship Repair. Beck and his team had been actively looking for the right drydock at home and abroad for a number of months. The one selected happened to be in Korea.

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, which is being towed from Portland by tugs from Seattle’s Harley Marine Services, will enable Vigor to continue to compete with California and U.S. Gulf Coast shipyards for ship repair, maintenance and construction contracts. The Vigilant replaces a sister drydock that was decommissioned in February. “This is a needed and valuable asset for our Seattle yard, our workers and the local maritime economy,” said Adam Beck, Vigor’s executive vice president of ship repair.

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, Alaska’s Inside Passage may make a perfect summer cruise destination, but locals can’t choose when they travel. So when Alaskans need transport, the Alaska Marine Highway System (AMHS) must find a way to move them.

Announced by Governor Sean Parnell Saturday, September 20, the State of Alaska and Vigor Industrial have reached a final agreement to construct two Alaska Class Ferries at Vigor Alaska in Ketchikan. The vessels will be the first Alaska Marine Highway System ferries to be built in Alaska. “Here we are today to launch this shipyard to a new level, a new level of good jobs, a new level of growth for Ketchikan businesses that are going to supply the shipyard and its workers,” Governor…

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 $75 million through private equity firm Endeavour Capital. Vigor CEO Frank Foti continues to build scale through acquisitions, while diversifying the company’s construction and repair capabilities to include cargo fleets, barges and workboats, ferries, and US Navy and Coast Guard vessels, among others.

New State-of-the-Art Shipbuilding Production Center Opens For Business In Ketchikan, Alaska. Alaska Ship & Drydock Already at Work on the First Vessel to be Completed in the Facility, a 136’ Longliner. The outlook for building new ships at Alaska Ship & Drydock (ASD), a Vigor Industrial company, just got a lot brighter, warmer, and drier with the opening of the Ketchikan Shipyard’s state-of-the-art assembly hall designed to build ships up to 500 feet in length. The assembly hall is 70,000 square feet with an adjacent 5-story production center to minimize material flow and maximize efficiency.

Alaska has approved Vigor Industrial’s bid to assume Alaska Ship & Drydock’s (ASD) private/public partnership leases to operate the Ketchikan Shipyard. The Alaska Industrial Development and Export Authority unanimously voted today in Anchorage to transfer leases to the new Vigor Alaska Ship & Drydock subsidiary, clearing the way for Vigor’s acquisition of the operating company. The purchase was first announced Feb. 7 pending AIDEA approval. Officials of the Ketchikan Gateway Borough and the City of Ketchikan also approved the transfer. “We start today working with the people here in Ketchikan and throughout Alaska to build even more maritime and industrial jobs at this great facility…

Vigor today announced its plan to acquire Alaska Ship and Drydock Inc. (ASD), further consolidating the business of ship repair on the U.S. West Coast. ASD intends to transition its business and assets to Vigor pending approval of the transfer of ownership by the Alaska Industrial Development and Export Authority (AIDEA), the owner of the Ketchikan Shipyard where ASD is based. The private companies hope to finalize their agreement on or before March 1st. ASD would operate the Ketchikan Shipyard (KSY) as the Alaska Ship & Drydock LLC subsidiary…

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