Sales of U.S. Shipyards Since 1980
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 |
|
1983 |
Lockport LA | Halter Lockport | |||||
|
1983 |
New Orleans LA | Halter New Orleans | |||||
|
1983 |
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 |
|
1996 |
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 |
|
1997 |
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 |
|
1997 |
San Pedro CA | Southwest Marine | |||||
|
1997 |
San Francisco CA | San Francisco Drydock | |||||
|
1997 |
Ingleside TX | Southwest Marine | |||||
|
1997 |
Sturgeon Bay WI | Peterson Builders |