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Gulf Island Wins Ferry Contract

July 31, 2019

American manufacturer of marine vessels used in the energy sector, Gulf Island Fabrication Inc. (GIFI) has received an award for the construction of a (70) seventy vehicle ferry from the Texas Department of Transportation.

The fabricator of complex steel structures, modules and marine vessels said in a press note that the delivery is scheduled for late 2021.

The ferry will operate between Galveston and Bolivar Island, Texas, it said.

“I am pleased to have been selected to build this ferry for the Texas Department of Transportation," said Kirk Meche, Gulf Island’s President and Chief Executive Officer.

“This award is another example of our commitment to diversify outside of our traditional oil and gas markets to provide opportunities for our employees and returns for our shareholders,” Kird added.

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