Metal Shark acquires Horizon Shipbuilding assets

Following a motion approved by the US Bankruptcy Court on June 5, 2018, Metal Shark has acquired the assets of Horizon Shipbuilding.

With the acquisition, Metal Shark assumes ownership of a fully developed 35-acre shipbuilding facility in the Mobile Bay region, with separate east and west yards both fronting a dredged deepwater inlet.

The facility boasts a total of nine assembly buildings; a 660-tonne Travelift; multiple cranes, CNC plasma cutters, welders, and other fixtures supporting the construction of steel and aluminium vessels.

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