The state agency that owns the shipyard in Ketchikan has notified Vigor Alaska, which operates the facility, that the state does not intend to renew the company's lease when it expires in November. Though the agency is talking with Vigor, it also is preparing to advertise for a new operator.
Vigor Alaska, the private operator of the state-owned Ketchikan Shipyard, has been notified that the state will not extend the shipyard operating agreement with the company when the current contract expires in November.
Citing less-than-full utilization of the shipyard and increasing unfunded maintenance at the facility under Vigor's management, the Alaska Industrial Development and Export Authority (AIDEA), which owns the facility, said in a Feb. 28 letter that it would give the company until Nov. 30 - or perhaps through March 1, 2026 - to wind down its operations and vacate the site.
AIDEA s...
Reader Comments(0)