Paul Derecktor, Alaska Governor Tony Knowles, State Department of Transportation Commissioner Joe Perkins and several Alaska State Officials were in attendance last week at the State Capitol in Juno, for the signature of the contract that entrusts Derecktor Shipyards with the construction of two new high-speed ferries for the Alaska Marine Highway System. This contract will be the first time a U.S. yard builds passenger-vehicle high-speed ferries. Until now the domain of overseas shipbuilders, the passenger-vehicle high-speed ferries have proven their worth in many countries around the world. The Jones Act requires that these boats servicing U.S. waters be built in the US.