Signal International has won the auction of the Mobile-based shipyard owned by troubled US shipbuilder Bender Shipbuilding.



A lawyer for Bender, Stewart Peck, confirmed to TradeWinds Friday that the winning bid was $31.2m, which was $10.2m above the “stalking horse” bid submitted by Vision Technology Systems (VTS).



VTS is the owner of Bender’s Gulf Coast rival, VT Halter Marine shipyard company. VTS will receive a break-up fee of $800,000 for its role in the sale.



Bender