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Bollinger Buys Gulf Island Shipyard Facilities - The Waterways Journal


April 23, 2021
By Waterways Journal
Lockport, La.-based Bollinger Shipyards announced April 19 the acquisition of the shipyard division assets and long-term contracts of Gulf Island Fabrication Inc. The acquisition includes a 437-acre waterfront facility in Houma, La., with 198,000 square feet of existing operations, fabrication and warehouse space, along with four floating drydocks.
With the purchase, Bollinger has also acquired Gulf Island Fabrication’s contracts to build both the Towing, Salvage and Rescue Ships (T-ATS) for the U.S. Navy and regional class research vessels for the National Science Foundation and Oregon State University. Other contracts included in the sale include orders for two 40-vehicle ferries for the North Carolina Department of Transportation, a 70-vehicle ferry for the Texas Department of Transportation and two multipurpose service vessels for Hornbeck Offshore Services “that ....

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Bollinger Buys Gulf Island'S Shipyard Facilities


Bollinger Buys Gulf Island’s Shipyard Facilities
Maritime Activity Reports, Inc.
April 22, 2021
The Coast Guard Cutter Benjamin Bottoms is a Fast Response Cutter built by Bollinger Shipyards. (Photo: Patrick Kelley / U.S. Coast Guard)
Lockport, La.-based Bollinger Shipyards has acquired Gulf Island Fabrication’s shipyard facilities in nearby Houma for approximately $28.6 million.
The purchased site encompasses 437 acres on the west bank of the Houma Navigation Canal, of which 283 acres is unimproved land that is available for expansion. The facility includes 18,000 square feet of administrative and operations facilities, 160,000 square feet of covered fabrication facilities and 20,000 square feet of warehouse facilities. It also has 6,750 linear feet of water frontage, including 2,350 feet of steel bulkheads. Located just 30 miles from the Gulf of Mexico, the strategic location provides short and unrestricted access to the newly acquire ....

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