Eastern Shipbuilding tapped to complete HOS MPSV duo

Panama City, Fla., headquartered Eastern Shipbuilding Group reports that it has been contracted by Zurich American Insurance Company to complete the construction of two ultra high-spec 400 class Multi-Purpose Support Vessels (MPSVs) for Hornbeck Offshore Services, LLC (HOS).

HOS reported back in October 2023 (see earlier story) that it had reached an agreement that would see the completion of the two MPSVs, which had been at the center of a now-settled lawsuit with Gulf Island Fabrication Inc....

https://www.marinelog.com/news/eastern-shipbuilding-tapped-to-complete-hos-mpsv-duo/

Gulf Island resolves MPSV dispute with Hornbeck

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/