Mare Island Dry Dock LLC, a ship repair and maritime services company, has filed a voluntary petition for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Eastern District of California.
The petition was filed on February 14, 2026 by Harry Nicholsen, the company’s chief financial officer, according to PACER.
In the filing, the Vallejo-based Mare Island Dry Dock identified itself as a limited liability company engaged in shipyard and vessel repair operations. The company is seeking reorganization under Chapter 11, allowing it to continue operating while restructuring its debts.
- Type of Filing: Voluntary Chapter 11 petition
- Chapter: 11
- Industry: Not specified
- Case Number: 26-20777
- Estimated Assets: $10 million to $50 million
- Estimated Liabilities: $10 million to $50 million
- Estimated Creditors: 100-199
According to the petition, Mare Island Dry Dock stated that it possessed property requiring immediate attention. The company identified the issue as controlled industrial wastewater and noted that ordinary pumping would continue.
The company’s property is insured by Brown & Brown Insurance Services, Inc.
The petition states that funds will be available for distribution to unsecured creditors after administrative expenses.
Mare Island Dry Dock listed its 20 largest unsecured creditors. The largest unsecured claim is $752,337.75 owed to Petaluma-based Lind Marine, LLC for dredging services.
Other significant unsecured claims include $417,568.43 owed to Tacoma-based M.D. Marine Electric, LTD for marine electrical services, and a $361,723 disputed and unliquidated claim by Long Beach-based Oceanwide Repair, LLC related to subcontractor services and pending litigation.
Additional creditors include marine service providers, environmental consultants, health insurance providers, and utility companies.
The company is represented by Reno Fernandez of Binder Malter Harris & Rome-Banks LLP.
Mare Island Dry Dock
Mare Island Naval Shipyard was established in 1854 as the first U.S. naval base on the Pacific Ocean and operated as a major shipbuilding and repair facility for more than 140 years. Mare Island Dry Dock, LLC later reopened the facility for commercial operations.
However, the dock was decommissioned after naval operations ceased in 1996.
In November 2013, Mare Island Dry Dock, LLC was established to provide vessel repairs, overhauls, and dry dock services for commercial and government vessels.
On December 30, 2025, Mare Island Dry Dock informed the City of Vallejo that it would permanently close its Mare Island facility, resulting in the termination of all employees, according to a company release. More than 80 full-time union and non-union staff were employed at the facility.
The company attributed the closure to “unforeseen business circumstances, including the loss of a critical U.S. Coast Guard contract,” which had an immediate and material impact on its financial stability.
The company was a significant local employer and generated economic activity for Vallejo, Solano County, and the surrounding region, the release added.
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