Bollinger Shipyards to acquire VT Halter Marine facilities in Pascagoula

VT Halter Marine’s shipyard in Pascagoula

Bollinger Shipyards, a privately-owned and operated shipbuilder based in Louisiana, has agreed to acquire VT Halter Marine Inc. and ST Engineering Halter Marine Offshore.

The agreement is expected to close in the fourth quarter of 2022.

Bollinger will take over the 378 acres and two shipyards in Pascagoula and two dormant yards north of Pascagoula in the deal. The renamed yards will become Bollinger Mississippi Shipbuilding and Bollinger Mississippi Repair.

The acquisition expands Bollinger’s construction and repair capacity to better serve its key defense and commercial customers.

“For over 75 years, my family has been dedicated to providing our government and commercial customers with the highest levels of quality, support and service in the U.S. shipbuilding industry,” said Ben Bordelon, CEO and President of Bollinger Shipyards.

“The addition of VT Halter Marine and STEHMO in Pascagoula, Mississippi is strategic as it further strengthens our position in the industry and U.S. defense industrial base by allowing Bollinger to expand our footprint, capabilities and suite of innovative solutions that we can provide to our customers. From Day One, the Bollinger team will leverage our proven and best-in-class management team, operational excellence and existing capability to ongoing commercial and government programs, especially the Polar Security Cutter program.”

All of VT Halter Marine’s current contracts, notably the Polar Security Cutter program for the U.S. Coast Guard, will migrate to Bollinger with the acquisition.

 

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