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...
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