8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON,  D.C.  20549

                        -------------------------------


                                    FORM 8-K

                                 CURRENT REPORT
                    Pursuant to Section 13 or 15 (d) of the
                        Securities Exchange Act of 1934



      Date of Report (Date of earliest event reported) NOVEMBER 14, 2000


                         GULF ISLAND FABRICATION, INC.
             (Exact name of registrant as specified in its charter)


      LOUISIANA                     0-22303                   72-1147390
      (State of                   (Commission               (IRS Employer
    Incorporation)                file number)            Identification No.)

     583 THOMPSON ROAD, HOUMA, LOUISIANA                        70363
   (Address of principal executive offices)                   (Zip Code)



                                (504) 872-2100
              (Registrant's telephone number, including area code)



                                      N/A
         (Former name or former address, if changed since last report)


ITEM 5. Other Events and Regulation FD Disclosure.

     On November 14, 2000, Gulf Island Fabrication, Inc. issued a press release,
which is incorporated herein by reference to Exhibit 99.1 to this Current Report
on Form 8-K.


ITEM 7. Financial Statements and Exhibits.

     (c)  Exhibits.

          99.1  Press release issued by the Company on November 14, 2000
                announcing it intends to move its Southport, Inc. operations
                from Harvey, Louisiana, to an idle facility that it owns
                adjacent to the Gulf Island, L.L.C. main fabrication yard in
                Houma, Louisiana.





                                   SIGNATURE



  Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                    GULF ISLAND FABRICATION, INC.

                                    By:    /s/ Joseph P. Gallagher, III
                                           ----------------------------
                                           Joseph P. Gallagher, III
                                           Vice President - Finance,
                                           Chief Financial Officer
                                           and Treasurer
                                           (Principal Financial Officer
                                           and Duly Authorized Officer)


Date: November 15, 2000

EX-99.1

NEWS RELEASE                                                       EXHIBIT 99.1

For further information contact:

Kerry J. Chauvin                                         Joseph "Duke" Gallagher
Chief Executive Officer                                  Chief Financial Officer
(504) 872-2100                                                    (504) 872-2100
- --------------------------------------------------------------------------------
FOR IMMEDIATE RELEASE
TUESDAY, NOVEMBER 14, 2000


                         GULF ISLAND FABRICATION, INC.
                REPORTS RELOCATION OF SOUTHPORT, INC. OPERATIONS

     Houma, LA - Gulf Island Fabrication, Inc. (NASDAQ: GIFI) announced today
that it intends to move its Southport, Inc. operations from Harvey, Louisiana,
to an idle facility that it owns adjacent to its Gulf Island, L.L.C. main
fabrication yard in Houma, Louisiana.  The relocation is expected to be
completed during the first quarter of 2001.

     Gulf Island anticipates that this relocation should result in cost savings
and enhanced operational efficiencies because, after its completion, all three
of the Gulf Island Fabrication facilities will be located in close proximity of
each other in Houma, Louisiana.

     Gulf Island Fabrication, Inc., based in Houma, Louisiana, is a leading
fabricator of offshore drilling and production platforms, offshore living
quarters and other specialized structures used in the development and production
of offshore oil and gas reserves.  The Company also offers offshore interconnect
pipe hook-up, inshore marine construction, manufacture and repair of pressure
vessels, steel warehousing and sales.

     This news release contains forward-looking information that reflects the
Company's current views with respect to future events and financial performance.
No assurances can be given that these events will occur or that such projections
will be achieved and actual results could differ materially from those
projected.  A discussion of important factors that could cause actual results to
differ materially from those projected is included in the Company's periodic
reports filed with the Securities and Exchange Commission.