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Eastern Shipbuilding Group

Builds commercial ships and Coast Guard cutters

Overview

Eastern Shipbuilding Group builds custom steel and aluminum vessels for commercial shipowners and U.S. government agencies. Its work includes the Coast Guard's Heritage Class offshore patrol cutters, alongside dredges, ferries and working boats used to move cargo and support marine operations. The company engineers and fabricates vessels to customer specifications, earning revenue through shipbuilding contracts and ship conversion and repair work. Its production combines conventional assembly with modular construction, with hull sections built before final assembly. Founded in 1976, the privately held business is headquartered in Panama City, Florida.

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About Eastern Shipbuilding Group

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Industries

Automotive & TransportationDefense

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Panama City, FL

Founded

1976

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Simplify's Take

What believers are saying

  • Veterans receive hiring priority: Eastern expressly prioritizes veteran applicants in its standing recruiting policy.
  • Eastern's Maritime Academy builds trade skills: students combine classroom instruction, hands-on shipyard experience and direct mentorship.
  • Work extends into the next decade: August 2026 ferry construction began, with contracted deliveries scheduled through 2032.

What critics are saying

  • Shipfitter schedules include weekends: the Allanton role requires flexible hours, overtime and holiday work.
  • Allanton shipfitters face physical demands: frequent lifting up to 50 pounds, plus work aloft or in confined spaces.
  • Hiring includes a screening hurdle: Eastern requires pre-employment drug testing for every position.

What makes Eastern Shipbuilding Group unique

  • Allanton streamlines fabrication indoors: connected steel-processing and panel-line buildings support straight-line production.
  • Port St. Joe extends vessel support: its 40-acre site has 1,000 feet of deepwater bulkhead for sustainment.
  • Eastern grew from an owner's fleet: its founder built fishing boats before taking custom vessel orders.

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