By David Robinson
The question mark over the future of Christensen Shipyards, one of the US’s largest superyacht builders, has increased with news that workers were unable to go to work yesterday due to the yard’s gates being closed.
The only insight into this difficult situation was provided by The Columbian newspaper, whose latest report covered the closure of the gates at the Vancouver, Washington-based yard. Attempts by SB to contact Joe Foggia, Christensen’s managing director, were in vain.
Pressure on the company appears to be growing, as more and more creditors lodge initial legal documents under the Uniform Commercial Code regarding their respective situations with Christensen. One of the latest to lodge documents is Asia’s Ocean Alexander, for which Christensen has an agreement to build its larger yachts over 36.5m (120ft).
Out of the nine contracts Christensen has on its order book, two are for Ocean Alexander. The full Christensen order book, as provided to SB by Foggia, is as follows:
132’ ACTUV Drone Project for Defense Advanced Research Project Administration
120’ Tri-deck x 2 – Ocean Alexander
142’ Tri-deck – M/Y Missing Link
160’ Tri-deck – M/Y Chasseur
164’ Tri-deck – M/Y Silver Lining
164’ Tri-deck – M/Y 2GES
164’ Tri-deck – M/Y Star One
164’ Tri-deck – M/Y Deputy Dog
Missing Link was launched a few days ago and, according to The Columbian, it appears that some Christensen employees are still working on it.