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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 ....
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. ....
HANNIBAL â Fans of the riverboat cruise ships that dock in Hannibal during the summer months and early fall will have a new boat to see in 2021. The American Queen Steamboat Company has announced the addition of the American Countess to its fleet. The American Countess was built using the existing hull of a former gaming vessel, the Kanesville Queen. The American Countess was lengthened by 60 feet and underwent a total renovation in the Gulf Island Shipyard located in Houma, La. The American Countess features an 80-foot panoramic view, four decks and 123 state rooms. Following its formal christening and inaugural VIP cruise in the spring of 2021, the paddlewheeler will be utilized during six- and 15-day cruises along not only the Mississippi River, but the Tennessee, Ohio and Cumberland rivers. ....