Alaska Industrial Development And Export Authority News

Vigor Alaska, a Titan Company, successfully completed a dry dock and repair work solicitation on U.S. Coast Guard Cutter John McCormick this month, returning it to service ahead of schedule.The $3.65 million contract was awarded in September 2023 and represents the first non-emergent maintenance solicitation awarded to the Ketchikan Shipyard since 2011.USCGC McCormick is homeported at Coast Guard Base Ketchikan, only 3.5 miles from the Ketchikan Shipyard.This was also the first time a vessel of USCGC McCormick's class has been serviced at Ketchikan Shipyard…

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.

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.

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. Earlier this year Vigor signed an agreement to build the largest floating drydock in the United States, and construction is currently underway.

Buccaneer Energy contextualizes termination of its contract with Archer Drilling as project manager of work on one of its jack-up rigs. The contract was for Archer Drilling to act as project manager of modifications and repairs to the Endeavour-Spirit of Independence jack-up rig owned by Kenai Offshore Ventures, LLC, which is a joint venture between Buccaneer, Singapore based Ezion Holdings Limited and the Alaska Industrial Development and Export Authority (“AIDEA”). Buccaneer is the designated Manager of Kenai Offshore. Archer Drilling was engaged by Kenai Offshore in October 2011 under a Master Services Agreement (“MSA”) to provide project management services for the modifications and repairs required to be undertaken to the Endeavour to allow it to operate in the Cook Inlet, Alaska.

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.

Australia-based Buccaneer Energy sees its 'Endeavour – Spirit of Independence' en route to Cook Inlet, Alaska. Buccaneer says it jack-up rig has been loaded on to the heavy lift vessel Kang Sheng Kou bound to drill for fossil fuels in waters off the coast of Alaska. The delivery of the Endeavour jack-up rig to the Cook Inlet will complete the first phase of Buccaneer’s business plan started almost 2 years ago. That plan included the acquisition of the Endeavour and the modification and repairs in Keppel FEL shipyard, which was managed by Buccaneer’s internal management team. The Endeavour project was funded through a joint venture company Kenai Offshore Ventures, LLC (“KOV”).

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…

On April 2, Alaska Ship & Drydock, Inc. and the Ketchikan Gateway Borough christened the MV Ken Eichner‐2 as the Borough’s second ferry providing service to the Greater Ketchikan International Airport and entering service as the sister ship to the MV Oral Freeman. Both ships were built by Alaska Ship & Drydock, Inc. (ASD) and are registered as Hull No’s 001 and 004 respectively for the Ketchikan based Shipbuilder. The project was funded through state legislative appropriations sponsored by Senator Bert Stedman and Representative Kyle Johansen.

The M/V Susitna is an Office of Naval Research (ONR) platform demonstrating variable geometry/variable draft capability in a twin hull marine vessel. Tests and trials of this first of class vessel will demonstrate its ability to operate as a deep draft, high speed vessel capable of carrying large payloads in high sea states with a stable ride, then transition to a shallow draft, beachable, landing craft mode capable of delivering Expeditionary Forces to the beach. M/V Susitna is an ice strengthened, twin hulled marine vessel.