C&c Marine And Repair Acquires New Fabrication Building At Belle Chasse, La Shipyard

New Fabrication Bay

May 20, 2020 – Belle Chasse, LA based C&C Marine and Repair has announced the acquisition of a 35,000
square foot fabrication building from Versabar, Inc. The new fabrication bay brings C&C Marine and Repairs
total, under-roof, indoor fabrication facilities to 540,000 square feet. The new facility has four (4) 40-ton
overhead gantry cranes, equipped with 10-ton auxiliary cranes. C&C Marine and Repair took possession of the
building from Versabar, Inc., following the expiration of a lease back provision in the 2018 Purchase Agreement
between the two parties. C&C Marine and Repair will utilize the new building for new construction projects.
“We will make some minor modifications to the building, but otherwise we should be able to start vessel
fabricating by June 2020”, says Tony Cibilich, owner of C&C Marine and Repair.

This latest expansion to the C & C Marine and Repair shipyard follows the completion of their new 6,600 square
foot Pipe Blasting shop, back in March 2020. “We were able to increase the footprint of an existing fabrication
building by extending the slab and adding a lean-to. We outfitted the space with a Viking Automatic Pipe
Blasting machine and an Automatic Pipe Fitting Blasting machine”, explains Matthew Dobson, who oversaw the
project for C&C Marine and Repair. The new facility measures 120’ x 55’ and is under-roof. The machines can
blast pipe between 1” and 12” in diameter. The new facility allows C&C Marine and Repair more flexibility with
their production schedule by blasting and painting the pipe and fittings in-house.

The recent expansion and improvements to the shipyard have been made to accommodate the growing pipeline
of projects. Through the first quarter of 2020, C&C Marine and Repair has completed production of a 6,600 HP
(Triple-Z Drive) Towboat, a 2,600 HP Towboat, two Deck Barges, a Spud Barge, and two 30,000 BBL Tank Barges.
By the end of the second quarter, C&C Marine will have completed and delivered a second 2,600 HP Towboat,
another Deck Barge, and a 2,000 HP Diesel-Electric Cutterhead Suction Dredge, in addition to multiple projects
in various stages of construction.

Tony Cibilich, owner of C&C Marine and Repair states, “We have been fortunate to remain busy during the
Coronavirus Pandemic. C&C Marine and Repair has had to implement new policies and make changes to our
facilities to adapt to the impact of Covid-19, but there has been little impact to our production schedule. The
new fabrication building will help with our current production, while providing the additional capacity for new
jobs”.

All these additions have made C & C Marine and Repair well positioned to maintain its role as a technological
leader and innovator in the marine fabrication and repair industry.