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Sales of U.S. Shipyards Since 1980

Most recent update: November 20, 2013.


Source: SEC Filings, News Reports

Year

Location

Shipyard

Seller

Buyer

Type

Price ($mm)

Comments

1980

Orange TX Levingston Shipbuilding

Ashland Oil

Paden, Inc. Assets

28

Spin-off to management

1980

San Diego CA NASSCO Kaiser Industries Morrison-Knudsen Stock

35

Kaiser sold 50% stake

1981

Gretna LA Gretna Machine Gretna Machine Trinity Marine Stock

Later resold

1981

Decatur AL Ingalls Iron Works Ingalls Iron Works Trinity Marine Stock

Later resold

1981

Chickasaw AL Ingalls Iron Works

1982

Chester PA Sun Ship Sun Oil Paden, Inc. Assets

28

Later resold

1982

San Francisco CA Bethlehem San Francisco Bethlehem Steel Todd Shipyards Assets

14

Later resold

1983

East Boston MA Bethlehem Boston Bethlehem Steel Boston Shipyard Assets

6

Later resold

1983

Hoboken NJ  Bethlehem Hoboken Bethlehem Steel Braswell Assets

Later folded

1983

Baltimore MD Bethlehem Key Highway Bethlehem Steel AME/Swirnow Assets

56

Sale failed

1983

Baltimore MD Bethlehem Key Highway Bethlehem Steel Developers Assets

Condos

1983

Baltimore MD Bethlehem Fort McHenry Bethlehem Steel General Ship Repair Assets

4

Operating

1983

San Pedro CA Bethlehem San Pedro Bethlehem Steel Southwest Marine Assets

Later resold

1983

Lorain OH American Ship Building American Ship Bldg. Spitzer Assets

3

Scrap yard

1983

Moss Point MS Halter Moss Point Halter Marine Trinity Marine Stock

Later resold
Lockport LA Halter Lockport
New Orleans LA Halter New Orleans
New Orleans LA Halter Chalmette

1984

Baltimore MD Maryland Shipbuilding Fruehauf Corp. Management Assets

30

Sale failed

1984

Savannah GA Savannah Machine Aegis Corp. Sayler Marine Assets

 

Operating

1985

East Boston MA Bethlehem Boston Boston Shipyard Cashman Corp. Assets

5

Liquidated

1985

New Orleans LA Avondale Shipyards Ogden Marine Connell Partnership Stock

375

Later resold

1985

Tacoma WA Tacoma Boat Tacoma Boat Investment Group Stock

20

Later folded

1985

Toledo OH Toledo Shipyard American Ship Bldg. Port of Toledo Assets

1

Leased to Manitowoc

1986

Bath ME Bath Iron Works Congoleum Corp. Gibbons, Green Stock

550

Backed by Prudential

1986

Quincy MA Fore River Shipyard General Dynamics State of Massachusetts Assets

50

Later resold

1986

Brooklyn NY Todd Brooklyn Todd Shipyards Rodermond Industries Assets

Later folded

1987

Baltimore MD Maryland Shipbuilding Fruehauf Corp. Port of Maryland Assets

8

Now a car terminal

1987

Savannah GA Savannah Machine Sayler Marine Intermarine USA Assets

Operating

1987

Escatawpa MS Moss Point Marine Moss Point Marine Trinity Marine Stock

Later resold

1987

New Orleans LA Avondale Shipyards Connell Partnership Avondale Industries Stock

287

Later resold

1987

Houston TX Todd Houston Todd Shipyards Platzer Shipyard Assets

 

Later resold

1987

New Orleans LA Todd New Orleans Todd Shipyards Port of New Orleans Assets

7

Leased to Avondale

1987

San Francisco CA San Francisco Drydock Todd Shipyards Southwest Marine Assets

Later resold

1988

Gulfport MS Lockheed Shipbuilding Lockheed Avondale Industries Assets

21

Later closed

1988

Portland OR Northwest Marine Northwest Marine Southwest Marine Assets

5

Later resold

1988

Tacoma WA Marine Pwr & Eqpmt Marine Pwr & Eqpmt Unimar Stock

Later folded

1989

Savannah GA Thunderbolt Shipyard Lockheed Trinity Marine Assets

Later resold

1989

Beaumont TX Bethlehem Beaumont Bethlehem Steel Trinity Marine Assets

Now a railcar plant

1989

San Diego CA NASSCO Morrison-Knudsen NASSCO ESOP Stock

Later resold

1989

Seattle WA Lockheed Sbldg (#1) Lockheed Port of Seattle Assets

9

Now a terminal

1990

South Boston MA General Ship General Ship General Ship Acqn. Stock

20

Later folded

1990

Galveston TX Todd Galveston (SW plant) Todd Shipyards Fish packers Assets

3

Later resold

1990

Brownsville TX AMFELS Allison-McDermid Keppel Corp. Assets

Operating

1990

San Pedro CA Todd San Pedro Todd Shipyards Port of Los Angeles Assets

(2.5)

Now a terminal

1991

Savannah GA Thunderbolt Shipyard Trinity Marine Palmer Johnson Assets

Operating

1991

Seattle WA Lockheed Sbldg (#2) Lockheed Port of Seattle Assets

Now a terminal

1992

Chester PA Penn Ship (North) City Capital Corp. Penn Terminals Assets

Now a terminal

1992

Chester PA Penn Ship (Central) City Capital Corp. Metro Machine Assets

10

Inactive

1992

Panama City FL Eastern Marine Eastern Marine Trinity Marine Assets

Later resold

1992

Mobile AL Alabama Shipyard ADDSCO Atlantic Marine Assets

25

Operating

1993

Gulfport MS CEMCO CEMCO Trinity Marine Assets

Later resold

1993

Pearlington MS Gulf Coast Fabrication Gulf Coast Fabrication Trinity Marine Stock

4

Later resold

1993

New Orleans LA Algiers Drydock Algiers Drydock Bollinger Shipyards Stock

Operating

1993

Galveston TX Todd Galveston Todd Shipyards Port of Galveston Assets

6

Later resold

1994

New Orleans LA Harvey Quick Repair Avondale Industries Bollinger Shipyards Assets

Operating

1995

Tampa FL Tampa Shipyards American Ship Bldg Tampa Shipbuilding Assets

5

Later resold

1995

Pascagoula MS Chicago Bridge & Iron Chicago Bridge & Iron Trinity Marine Assets

7

Later resold

1995

New Orleans LA American Marine American Marine Trinity Marine Assets

3

Later resold

1995

Orange TX Chicago Bridge & Iron Chicago Bridge & Iron Trinity Marine Assets

Later resold

1995

Port Arthur TX Bethlehem Sabine Bethlehem Steel Texas Drydock Assets

Later resold

1996

Bath ME Bath Iron Works Prudential Securities General Dynamics Stock

300

Operating

1996

Sparrows Point MD Bethlehem Sparrows Point Bethlehem Steel Veritas Capital Assets

15

Operating

1996

Newport News VA Newport News Sbldg. Tenneco Newport News Sbldg. Stock

500

Spin-off to stockholders

1996

Morgan City LA McDermott Shipbuilding McDermott Bollinger Shipyards Assets

Operating
Amelia LA McDermott Shipbuilding

1996

Gulfport MS Trinity's "blue-water" yards Trinity Marine Halter Marine Stock

Spin-off to stockholders

1997

Quincy MA Fore River Shipyard State of Mass. Mass. Heavy Industries Assets

5

Later folded

1997

Tampa FL Tampa Shipyards Tampa Port Authority Tampa Bay Shipbuilding Lease

10

Operating

1997

Gulfport MS McDermott (Seaway Yard) McDermott Halter Marine Assets

Later resold
Gulfport MS McDermott (3 Rivers Yard)

1997

Orange TX Texas Drydock City Capital Halter Marine Stock

47

Later resold

1997

Sabine Pass TX McDermott Shipbuilding McDermott Halter Marine Assets

Later resold

1997

Houston TX Bludworth Bond Bludworth Bond Halter Marine Assets

5

Later resold

1997

Texas City TX Bludworth Bond

1997

Orange TX Orange Shipbuilding Orange Shipbuilding Conrad Industries Stock

25

Operating

1997

San Diego CA Southwest Marine Southwest Marine U.S. Marine Repair Stock

90

Operating
San Pedro CA Southwest Marine
San Francisco CA San Francisco Drydock
Ingleside TX Southwest Marine

1997

Sturgeon Bay WI Peterson Builders Peterson Developers Assets

Condos

1997

San Diego CA Continental Maritime Continental Maritime Newport News Sbldg. Stock

4

Operating

1997

Houston TX Platzer Shipyard Trinity Marine First Wave Assets

Operating

1997

Galveston TX Todd Galveston (SW plant) John Bludworth Marine First Wave Stock

19

Operating
Pasadena TX John Bludworth Marine

1997

Galveston TX Todd Galveston (main yard) Galveston Wharves First Wave Lease

29

Operating

1998

Sulphur LA Calcasieu Shipyard Calcasieu Shipyard Halter Marine Stock

10

Later resold

1998

Portland OR Portland Shipyard Port of Portland Cascade General Assets

39

Sale failed

1998

San Diego CA NASSCO NASSCO ESOP General Dynamics Stock

415

Operating

1998

Norfolk VA Norshipco Norshipco U.S. Marine Repair Stock

25

Operating

1998

San Diego CA Pacific Ship Repair Pacific Ship Repair U.S. Marine Repair Stock

 

Operating

1998

Newport News VA Newport News Sbldg Newport News Sbdg General Dynamics Stock

1,245

Sale failed

1999

Newport News VA Newport News Sbldg Newport News Sbldg Litton Industries Stock

Sale failed

1999

New Orleans LA Avondale Industries Avondale Industries Newport News Sbldg Stock

470

Sale failed

1999

New Orleans LA Avondale Industries Avondale Industries Litton Industries Stock

590

Operating

1998

Galveston TX Galveston Shipbuilding Galveston Shipbuilding First Wave Assets

5

Operating

1999

Orange TX Chicago Bridge & Iron Trinity Marine Halter Marine Stock

15

Later resold

1999

Gulfport TX Halter Marine Group Halter Marine Group Friede Goldman Stock

270

Operating

1999

Morgan City LA Service Marine Service Marine Bollinger Shipyards Assets Operating

1999

Savannah GA Savannah Drydock Intermarine USA Intermarine Savannah Assets

15

Later resold

2000

New Orleans LA Trinity Yachts Friede Goldman Halter John Dane III Assets

5

Operating
New Orleans LA Equitable Shipyards

2000

New Orleans LA Halter Gulf Repair Friede Goldman Halter Bollinger Shipyards Assets

60

Operating
Gretna LA   Gretna Machine
Calcasieu LA Halter Calcasieu
Houston TX Bludworth Bond
Texas City TX Bludworth Bond

2000

Panama City FL Eastern Marine Friede Goldman Halter Unknown Assets

For non-marine use only

2000

Portland OR Portland Shipyard Cascade General Cammell Laird Stock

50

49% of Stock

2000

Portland OR Portland Shipyard Port of Portland Cascade General Assets

31

Operating

2000

Marinette WI Marinette Marine Marinette Marine Manitowoc Corp. Stock

48

Operating
2001 Pascagoula MS Litton Industries Litton Industries Northrop Grumman Stock

5,100

Operating
2001 Chester PA Metro Machine of PA Metro Machine State of PA Assets

13

Debt forgiveness

2001

Honolulu HI Marisco Marisco U.S. Marine Repair  

 

Operating
2001 Houma LA Houma Fabricators Houma Fabricators Scheepswerf de Hoop  

 

Operating

2001

Newport News VA Newport News Sbldg Newport News Sbdg General Dynamics Stock

2,100

Sale failed

2001

Newport News VA Newport News Sbldg Newport News Sbdg Northrop Grumman Stock

2,600

Operating
2002 Norfolk VA Norshipco Carlyle Group United Defense Industries Stock

316

Operating
Ingleside TX Southwest Marine Operating
San Diego CA Southwest Marine Operating
San Pedro CA Southwest Marine Operating
San Francisco CA San Francisco Dry Dock Operating
Honolulu HI Marisco Operating

2002

Pascagoula MS Halter Pascagoula Friede Goldman Halter Singapore Technologies (VT Halter Marine) Assets

67

Operating
Moss Point MS Halter Moss Point Operating
Escatawpa MS Moss Point Marine Operating
Gulfport MS Halter Gulfport Later resold
Gulfport MS Halter Gulfport Central Later resold
Pearlington MS Halter Port Bienville Later resold
Lockport LA Halter Lockport Later resold
2003 Pascagoula MS FGO East Friede Goldman Halter Signal International Assets

61

Operating
Pascagoula MS FGO West Operating
Orange TX FGOT Orange Operating
Port Arthur TX FGOT Dockyard Operating
Port Arthur TX FGOT North Operating
Sabine Pass TX FGOT Sabine Operating

2003

Lockport LA Halter Lockport VT Halter Marine Thoma-Sea Boatbuilders Assets

1.5

Operating

2003

Savannah GA Savannah Drydock Worldcom Palmer Johnson Assets

10

Later resold

2004

Savannah GA Savannah Drydock Palmer Johnson Global Ship Systems Assets

14

Operating

2004

Honolulu HI Honolulu Shipyard Honolulu Shipyard U.S. Marine Repair Assets

16

Operating

2004

Pearlington MS Halter Port Bienville VT Halter Marine Jimmy Levins Assets

2

Inactive

2004

Gulfport MS Halter Three Rivers Estate of FGH D. & H. Marine, LLC Assets

1

Operating

2005

Gulfport MS Halter Gulfport Central VT Halter Marine Gulf Coast Hatteras Assets

 

Operating

2005

Erie PA Metro Machine of PA Western Penn. Port Auth. Erie Shipbuilding Lease

 

Operating

2005

Gulfport MS Halter Gulfport VT Halter Marine Trinity Yachts Assets

 

Operating

2005

Gulfport MS Unnamed facility Not known U.S. Marine  

 

Operating

2005

Brownsville PA Hillman Barge HBC Corp. Heartland Transportation Assets

 

Operating
2005 Houma LA Houma Fabricators Scheepswerf de Hoop Otto Candies  

 

Operating

2006

Gulfport MS Gulf Ship Not known Edison Chouest  

 

Operating
2006 Jacksonville FL Atlantic Marine Atlantic Marine Holdings JFL Partners

180?

Operating
Jacksonville FL Atlantic Dry Dock Operating
Mobile AL Alabama Shipyard Operating
Mobile AL Atlantic Marine Mobile Operating
2006 Beaumont TX Trinity Beaumont Trinity Industries Chicago Bridge & Iron Assets Inactive
2006 Mobile AL Austal USA Bender Shipbuilding Austal Stock

15

30% of stock
2006 Kingstown RI Senesco Senesco Reinauer Transportation  

 

Operating
2007 Philadelphia PA Metro Machine of PA Phila. Ind. Dev. Corp. Boston Ship Repair Lease

 

Operating
2007 Savannah GA Global Ship Systems Fortress Inv. Group Fortress Inv. Group Assets

18

Inactive
2008 Everett WA Everett Shipyard Everett Shipyard Todd Shipyards Assets

 

Operating
2008 Tampa FL Tampa Bay Shipbuilding Bender Shipbuilding Edison Chouest Stock

 

Operating
2008 Freeland WA Nichols Bros. Boatbuilding Nichols Bros. Ice Floe LLC Stock

 

Operating
2008 Marinette WI Marinette Marine Manitowoc Corp. Fincantieri Assets

 

120

 

Operating
Sturgeon Bay WI Bay Shipbuilding Operating
Cleveland OH Cleveland Ship Repair Operating
2008 Boston MA Boston Ship Repair Boston Ship Acquisition JFL Partners

Stock

 

Operating
Philadelphia PA Boston SR of Phila Operating
2010 Mobile AL Bender Shipbuilding Bender Shipbuilding Signal International Assets

 31

Operating
2010 Jacksonville FL Atlantic Marine Florida Atlantic Marine Holdings BAE Systems Assets

352

Operating
Mobile AL Atlantic Marine Alabama Operating
2010 Pascagoula MS Colle Shipyard Colle Towing Signet Maritime Assets

 

Operating
2010 Savannah GA Global Ship Systems Creditors Colonial Terminals Assets

10

Inactive
2010 Seattle WA Todd Shipyards Todd Shipyards Vigor Industrial Stock

130

Operating
Everett WA Everett Shipyard
2011 Newport News VA Newport News SB Northrop Grumman Huntington Ingalls Industries Stock

3,800

Operating
Pascagoula MS Ingalls SB Operating
New Orleans LA Avondale SY Operating
San Diego CA Continental Maritime Operating
2011 Houma LA Mariner Shipyard Mariner Industries Bordelon Marine Assets

 

Inactive
2011 Vicksburg MS LeTourneau Rowan Companies Joy Global Stock

1,100

Operating
2011 Norfolk VA Metro Machine Metro Machine GD NASSCO Assets

 

Operating
2012 Ketchikan AK Alaska Ship & Dock Alaska Ship & Dock Vigor Industrial Assets

 

Operating
2012 Norfolk VA Earl Industries Earl Industries GD NASSCO Assets

 

Operating
2012 Vicksburg MS LeTourneau Joy Global Cameron International Assets

 

Operating
2013 Houma LA Quality Shipyards Tidewater Marine Leevac Shipyards Assets

 

Operating
2013 Boston MA Northeast Ship Repair JFL Partners Plexus/Newspring

Stock

 

Operating
Philadelphia PA Operating