The ship was acquired by the United States Navy on 5 December 1944, and commissioned the same day as USS Red Oak Victory (AK-235). Following a fitting-out period, Red Oak Victory was loaded with cargo and departed San Francisco for Pearl Harbor on 10 January 1945. Red Oak Victory departed Hawaii on 10 February loaded with munitions needed in the Marshall and Caroline islands. Sent onward from Enewetak, she arrived in Ulithi on 28 February and then began operating under Commander Service Squadron Ten. Operating out of the Philippines, she issued cargo and ammunition to various fleet ships through the war's end in August 1945. During a hazardous tour of duty in the Pacific, Red Oak Victory handled many tons of ammunition, supplying the fleet without a single casualty.
Red Oak Victory was decommissioned in 1946 and returned to the U.S. Maritime Commission. Red Oak Victory was used by the Luckenbach Steamship Company from 1947 through the 1950s, when the vessel went to Japan, Korea, Cuba, Pakistan, India, Singapore, and Japan again. Red Oak Victory was operated by American Mail Lines for the Military Sea Transport Service from 1966 to 1968, making a dozen voyages to Vietnam, Japan, and the Philippines carrying military supplies loaded at West Coast ports. From 1968 until 1998, she was laid up in the National Defense Reserve Fleet in Suisun Bay.
Destined to be scrapped, Red Oak Victory came to the attention of the Richmond Museum Association in 1993. In 1996 Congress passed legislation authorizing the ship's conveyance to the Museum Association. Red Oak Victory was turned over to the Richmond Museum of History and towed to a new home in Richmond Shipyard 3 (near the location where Shipyard 1 was, where the ship was actually built in 1944) on 20 September 1998. She is being restored and operated by the Richmond Museum of History and is associated with the Rosie the Riveter/World War II Home Front National Historical Park.