Bollinger Closes $15M Acquisition of Halter Marine, New Name: ‘Bollinger Mississippi Shipbuilding’

Navy berthing barge APL 70 under construction at Halter Marine on Aug. 5, 2022. USNI News Photo

The Mississippi shipyard that is building the Coast Guard’s next heavy icebreaker has officially changed ownership, the company announced on Monday.

Louisiana-based Bollinger Shipyards finalized the acquisition of the Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) shipyard following the close of a $15 million deal with former Singapore-based ST Engineering, Bollinger said.

“The...

https://news.usni.org/2022/11/14/bollinger-closes-15m-acquisition-of-halter-marine-new-name-bollinger-mississippi-shipbuilding

UPDATED: Bollinger to Buy Halter Marine Shipyard, Oversee Coast Guard Polar Security Cutter Program

Halter Marine Aug. 5, 2022. USNI News Photo

This post was updated with a statement from ST Engineering.

The Mississippi shipyard that won the contract to build a new class of Coast Guard icebreakers is set to be acquired by a Louisanna shipbuilding group, according to a late Sunday announcement.

Bollinger Shipyards has agreed to buy Halter Marine and the adjacent ST Engineering Halter Marine Offshore for $15 million from parent ST Engineering North America.

“Bollinger’s acquisition increases the...

https://news.usni.org/2022/11/06/bollinger-to-buy-halter-marine-shipyard-oversee-coast-guard-polar-security-cutter-program

Coast Guard Head Schultz Optimistic Congress Will Approve 2022 Budget; Warns Year-long Continuing Resolution Would be ‘Devastating’

U.S. Coast Guard Commandant Adm. Karl Schultz speaks to the attendees at the commissioning of the USCGC Emlen Tunnell (WPC-1145) in Philadelphia on Oct. 15, 2021. Coast Guard Photo

ARLINGTON, Va. – Coast Guard Commandant Adm. Karl Schultz is “guardedly optimistic” Congress will pass a budget before the continuing resolution that’s keeping the government operating through Feb. 18 expires.

If not, he told USNI News, there will be “high consequences for DoD and the Coast Guard.” He added, “a...

https://news.usni.org/2021/12/09/coast-guard-head-schultz-optimistic-congress-will-approve-2022-budget-warns-year-long-continuing-resolution-would-be-devastating

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