Posted inEconomy, Southeast News

AIDEA to end shipyard agreement with Vigor in November

Vigor Alaska, the private operator of the state-owned Ketchikan Shipyard, was notified that the state won’t be extending the shipyard operating agreement with Vigor once the current agreement expires in November. Citing lower-than-full utilization of the shipyard and increasing unfunded maintenance at the facility under Vigor, the shipyard’s owner Alaska Industrial Development and Export Authority […]