Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose supply vessels (MPSVs).
The long-running case dates back to 2018 (see earlier story).
In connection with the resolution, the court dismissed the lawsuit at the request of the parties to the litigation. Further, Gulf Island Fabrication, GIS, Fidelity & Deposit Company of Maryland...
https://www.marinelog.com/news/gulf-island-resolves-mpsv-dispute-with-hornbeck/