Current:Home > StocksBollinger Shipyard plans to close its operations in New Orleans after 3 decades -MarketStream
Bollinger Shipyard plans to close its operations in New Orleans after 3 decades
View
Date:2025-04-24 16:43:55
NEW ORLEANS (AP) — Bollinger Shipyards is closing its operations in New Orleans and plans to shift the work to its larger facilities on the Mississippi Gulf Coast, officials said.
The Bollinger company confirmed the move Tuesday, saying the decision to close its Algiers Point facility was driven by a desire to consolidate its repair and maintenance operations, and was not a reflection of a downturn in business or any negative aspect of New Orleans, The Times-Picayune/The New Orleans Advocate reported. The company is headquartered in Lockport.
“We recently reallocated the work being performed at Algiers to our other facilities along the Gulf Coast,” spokesperson T.J. Tatum said. “Importantly, all jobs were relocated within our other 13 facilities as we continue to expand our workforce.”
The company is the largest privately owned shipbuilder in the United States. Last year, it acquired Halter Marine in Mississippi, which considerably expanded its shipbuilding order book for Coast Guard and Navy vessels and added a large repair yard.
Bollinger said the larger of the two dry docks at Algiers — “Mrs. Jody,” which weighs in at 4,000 tons — sailed off to the newly acquired shipyard in Mississippi. The smaller dock — “Miss Darby,” about half the size of its counterpart — went to Port Fourchon to be reconditioned, and could later be moved to the company’s shipyard in Harvey.
The Algiers site is owned by the Port of New Orleans. The port, which signed a 10-year lease with Bollinger in 2021, is negotiating release terms with the company.
“We are working with them on the terms of their lease to achieve a mutually beneficial transition,” port spokesperson Kimberly Curth said. “We have several interested parties in the riverfront property to ensure continuity of maritime commerce at the facility.”
Many of the Bollinger Algiers workers were being offered jobs at Harvey repair yard, the newspaper reported.
veryGood! (3)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- New York City won’t offer ‘right to shelter’ to some immigrants in deal with homeless advocates
- Cara Delevingne's Parents Reveal Cause of Her Devastating Los Angeles House Fire
- Florida mom tried selling daughter to stranger for $500, then abandoned the baby, police say
- All That You Wanted to Know About She’s All That
- A Gas Tanker Crashed in Birmingham and Spilled 2,100 Gallons Into Nearby Village Creek. Who Is Responsible?
- University of Maryland lifts suspension on most fraternities and sororities amid hazing probe
- Kaia Gerber Reveals Matching Tattoo With The Bear's Ayo Edebiri
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- School shooter’s parents could face years in prison after groundbreaking Michigan trials
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Judge appoints special master to oversee California federal women’s prison after rampant abuse
- Cara Delevingne's LA home, featured in Architectural Digest tour, consumed by 'heavy' fire
- What we know so far about 'Love is Blind' Season 7: Release date, cast, location
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- McDonald's experiences tech outages worldwide, impacting some restaurants
- Eva Mendes Thanks Ryan Gosling For “Holding Down the Fort” While She Conquers Milan Fashion Week
- A Gas Tanker Crashed in Birmingham and Spilled 2,100 Gallons Into Nearby Village Creek. Who Is Responsible?
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Judge delays Trump’s hush-money criminal trial until mid-April, citing last-minute evidence dump
Maryland House pushes higher taxes, online gambling in $1.3B plan for education and transportation
The deceptive math of credit card rewards: Spending for points doesn't always make sense
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Dyeing the Chicago River green 2024: Date, time, how to watch St. Patrick's Day tradition
'Giant hybrid sheep' created on Montana ranch could bring prison time for 80-year-old breeder
WWE WrestleMania 40 match card: 10 matches, what to know three weeks ahead of event