Atlantic Marine
TypePrivate
IndustryShipbuilding
Founded1980 (1980)
Defunct2010 (2010)
FateAcquired
SuccessorBAE Systems Southeast Shipyards
Headquarters,
Number of locations
2
Area served
United States
ServicesShip conversion, repairs and maintenance, and steel fabrication

Atlantic Marine was an American shipbuilding and construction company. It operated two shipyards, one in Mobile, Alabama and the original corporate location, a smaller one in Jacksonville, Florida where its headquarters was located. It was acquired by BAE Systems in May 2010 for $352 million. BAE Systems renamed the former company BAE Systems Southeast Shipyards, a division of BAE Systems Inc.[1][2]

As Atlantic Marine Holdings, the company took over the former shipyard of the Alabama Drydock and Shipbuilding Company in 1992. In 2006, the company was itself taken over by an investment firm run by former U.S. Navy Secretary John F. Lehman and became known simply as Atlantic Marine.

The company offered a variety of services, including shipbuilding, ship repairs, maintenance and conversion, and also steel fabrication for industrial uses. The Alabama drydock facility was capable of servicing vessels of up to 46,400 tons, including cargo and cruise ships, and also offered repair and conversion facilities for "drilling rigs and semi-submersibles that served the offshore oil industry."[3]

The Jacksonville drydock serviced vessels of up to 14,600 tons, and specialized in "mega-yacht repairs and refits, as well as commercial and U.S. Navy ship repairs and conversions, marine fabrication, and industrial fabrication and machining."[4]

The company employed 600 full-time workers in 2005.[5]

Footnotes

  1. Hoyos, Carola (2010-09-11). "BAE prepares to streamline US business". The Financial Times. London.
  2. Szakonyi, Mark (May 18, 2010). "BAE to buy Atlantic Marine for $352M". Jacksonville Business Journal. Retrieved July 2, 2012.
  3. Gulf Coast Facility Archived May 13, 2008, at the Wayback Machine, Atlantic Marine website.
  4. East Coast Facility Archived April 17, 2008, at the Wayback Machine, Atlantic Marine website.
  5. Notes on Mobile Alabama Economics Archived January 5, 2008, at the Wayback Machine.
  6. "WINSTAR Boat Information". BoatInfoWorld.com. Retrieved July 2, 2012.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.