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Eastern Shipbuilding Secures $714.5 Million Contract to Build Three Hybrid-Electric Ferries for Washington State Ferries.
Jul 02, 2025•12 months ago
Contract Type
contract
Panama CityDescription
Eastern Shipbuilding has been awarded a contract to build three hybrid-electric ferries for Washington State Ferries. This contract is the first competitive bid for ferry construction in over 25 years and is expected to help modernize and restore services to pre-pandemic levels.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months