News

The U.S Coast Guard has awarded Vigor Alaska, a Titan company, a contract to perform maintenance and repairs on U.S. Coast Guard Cutter John McCormick at the Ketchikan Shipyard. CGC John McCormick will be the first Coast Guard maintenance solicitation awarded at the Ketchikan Shipyard since 2011. The Fast Response Cutter is stationed at Coast Guard Base Ketchikan, just 3.5 miles from Ketchikan Shipyard, ensuring work on this locally-based vessel supports jobs in Ketchikan’s local economy. Work on the vessel begins this week.

Washington State Ferries is celebrating a major milestone on its journey to zero emissions by 2050, awarding its first shipyard contract to Vigor for the conversion of up to three Jumbo Mark II-class ferries to hybrid-electric power.

Titan, a family of bicoastal leaders in ship repair, ship modernization, marine and complex fabrication services inclusive of Vigor, MHI Holdings and Continental Maritime of San Diego (CSMD), announced Frank Collins will join the company as Senior Vice President, Government and Public Affairs. Collins will replace long-time Vigor Senior Vice President of Public Affairs, Jill Mackie, who has announced her retirement effective the end of June. Additionally, Benton Strong was recently named Director of Public Affairs, responsible for all communications, as well as state and local government affairs across all Titan companies.

Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have completed the sale of Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds. The initial definitive agreement of the sale was announced in February 2023.

Vigor, a Titan company, successfully completed a nine-month docking selected restricted availability (DSRA) on USS Michael Murphy (DDG 112), returning it to service on-schedule. This is the third DSRA Vigor has completed at Pearl Harbor since 2021. This contract was awarded to Vigor after a successful challenge last year.

Vigor, a Titan company, successfully completed a three-year modernization project on USS Chosin (CG 65) at its Harbor Island shipyard today, sending the U.S. Navy ship back to its homeport of Everett Naval Station. The project, which encompassed nearly two million hours of work for Vigor employees, was one of the largest, longest and most complex in Vigor’s history.

Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management today announced a definitive agreement to sell Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.

Vigor, a Titan company, has been awarded a $131 million U.S. Navy contract to complete a docking selected restricted availability (DSRA) on USS John Paul Jones (DDG 53) at Harbor Island in Seattle. The ship arrived at Harbor Island on November 4, becoming the fourth U.S. Navy vessel currently undergoing maintenance at the Seattle shipyard.

Vigor, a Titan company, is beginning work on two major docking selected restricted availabilities (DSRA) awarded this year, at both Swan Island in Portland, as well as Pearl Harbor Naval Shipyard (PHNSY).

The Shipbuilders Council of America (SCA) recognized four Vigor work locations -- Ketchikan, Vancouver, Swan Island and Hawaii -- for safety performance in 2021.