Vigor in deal to acquire third dry dock for Seattle shipyard

APRIL 17, 2017 — Vigor has entered into an agreement to purchase a floating dry dock from a Korean seller. At 640 feet long with a clear width of 116 feet, the new dock will be the third, and largest, at Vigor’s Harbor Island, Seattle, shipyard.

“The purchase of another dry dock in Seattle allows Vigor to better service valued customers like Washington State Ferries, the U.S. Coast Guard and U.S. Navy,” says Adam Beck, Vigor Executive Vice President of Ship Repair. “It also further strengthens our market position in commercial ship repair on the West Coast and supports our expansion into new markets.”

Beck and his team had been actively looking for the right dry dock at home and abroad for a number of months. The one selected happened to be in Korea. The team is working to finalize the transaction and have the dock operational in Seattle by late Fall. Customer feedback to the news has been overwhelmingly positive.

“Washington State Ferries is greatly relieved and appreciative to hear of Vigor’s important investment in a new dry dock for its Harbor Island/Seattle location. We have been concerned about the shortage of dry dock availability for the maintenance and repair of our fleet,” said Matt Von Ruden, Director of Vessel Engineering and Maintenance, Washington State Ferries. “Regular maintenance is critical to our ability to achieve the expected service life of our vessels and keep them operating well for our customers.”

DRY DOCK PRINCIPAL CHARACTERISTICS
Length: 640 ft
Clear Width: 116 ft
Lift Capacity: 20,000 lt