Reputable market sources have tipped Vigor Industrial as the top contender but note another shipbuilder is still in the running.
While many believe Victoria Shipyards still has a shot industry observers are quick to point out that it is based in western Canada.
This could prove problematic if the US Maritime Administration approves Totem Ocean’s request for Title XI loan guarantees.
To participate in the programme observers note applications must be related to projects that involve domestic shipyards.
This
