Friday, September 11, 2020

Port of Everett, Everett Ship Repair Commit to Five-year Lease

Everett Ship Repair is committing to five more years at the Port of Everett.

Port leaders recently authorized its chief executive officer to enter into a five-year lease agreement with the maritime service company, which is an Ice Cap Holding, LLC subsidiary and sister company to Nichols Brothers Boat Builders.

The agreement allows Everett Ship to stay at its current space at the port, which encompasses the north side of Pier 3 and the 3.5-acre site nearby. The agreement also features a pair of five-year options and requires Everett Ship to extend its services to support DDG-class military ships, according to the port.

Everett Ship’s arrival at the port in October 2019 brought the largest submersible barge to service at the waterfront since World War II, signaling the return of major commercial and military shipyard services to Everett.

Everett Ship had a temporary lease with the port while the company worked to build its presence and workforce and acquire the regulatory permits and certifications needed to operate.

“We are pleased at the opportunity to continue to build on our strong partnership with Everett Ship Repair, and to work collaboratively in providing a range of key maritime services and repair options, all aimed at supporting a strong economy, keeping our region competitive, growing maritime jobs and furthering our support of national defense,” said Port COO Carl Wollebek.

Everett Ship Repair CEO Gavin Higgins said the company appreciates the port’s help and support in getting the new operation started.

“Locating at the port brings additional services and jobs to the area,” Higgins said. “We are working with the technical schools and colleges to integrate the apprenticeship program we have developed at Nichols Brothers Boat Builders to support the job growth.”