
The Justice Department on Wednesday said that Bollinger Shipyards agreed to pay an $8.5 million fine to settle claims that the shipbuilder “misrepresented” the quality of its work for a Coast Guard patrol boat conversion program that the service ultimately terminated.Bollinger in 2002 received a potential $78 million subcontract to begin a portion of the Coast Guard’s fleet of 54 110-foot Island class patrol vessels to 123 feet to extend their lives, but in 2005 the service stopped the work…