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Bollinger Shipyards Acquires Gulf Island Fabrication's Shipyard Facilities


Press release content from Business Wire. The AP news staff was not involved in its creation.
Bollinger Shipyards Acquires Gulf Island Fabrication’s Shipyard Facilities
April 19, 2021 GMT
LOCKPORT, La. (BUSINESS WIRE) Apr 19, 2021
Bollinger Shipyards (“Bollinger”), a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, today announced that it has acquired Gulf Island Fabrication, Inc.’s (“Gulf Island”) (NASDAQ: GIFI) Shipyard facilities, expanding Bollinger’s new construction and repair capacity and capabilities to better serve its key defense and commercial customers. Financial terms of the transaction were not disclosed. ....

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Philly Shipyard to join study for new US Navy cable ship


Philly Shipyard to join study for new US Navy cable ship
February 10, 2021,
by
Bojan Lepic
Philly Shipyard has been awarded a contract to participate in an industry study for the development and design of the US Navy cable ship T-ARC(X) Program.
Philly Shipyard said on Tuesday that the new cable ship would be a replacement for the Navy’s only undersea cable installation and repair ship – the USNS ZEUS (T-ARC 7).
The vessel’s primary mission will be to transport, install, retrieve, and repair undersea cables and equipment, with many additional capabilities including ocean surveys and deployment of unmanned underwater vehicles. ....

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