Hornbeck Offshore is looking to the federal courts to force a shipyard to turn over two under-construction vessels as it continues its bankruptcy proceedings.
The over-the-counter listed shipowner filed court papers Wednesday, requesting Gulf Island Shipyard give it the two multi-purpose support vessels it commissioned for $62.6m each in 2013, but canceled construction in 2018 over contract performance issues.
"[Hornbeck's] proposed plan of reorganization contemplates the Debtor obtaining possession of the Vessels and financing their completion," the complaint for turnover read.
