UNIFAB INTERNATIONAL INC
SC 13G/A, 2000-04-24
SHIP & BOAT BUILDING & REPAIRING
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                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                               SCHEDULE 13G/A

                UNDER THE SECURITIES EXCHANGE ACT OF 1934

                              (AMENDMENT NO. 1 )*
                                            ---

                         UNIFAB International, Inc.
            ----------------------------------------------------
                              (Name of Issuer)

                       Common Stock, $.01 par value
            ----------------------------------------------------
                      (Title of Class of Securities)

                                90467L 10 0
            ----------------------------------------------------
                              (CUSIP Number)


                              not applicable
            ----------------------------------------------------
           (Date of Event Which Requires Filing of this Statement)

Check  the  appropriate box to designate the rule pursuant to which  this
Schedule is filed:

 [ ] Rule 13d-1(b)

 [ ] Rule 13d-1(c)

 [X] Rule 13d-1(d)

*The remainder  of  this  cover  page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose  of  Section  18  of  the Securities
Exchange  Act of 1934 ("Act") or otherwise subject to the liabilities  of
that section  of  the Act but shall be subject to all other provisions of
the Act (however, see the Notes).





POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
CONTAINED IN THIS FORM  ARE  NOT  REQUIRED TO RESPOND UNLESS THE FORM
DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.


<PAGE>

CUSIP No. 90467L 10 0
         .................
- ------------------------------------------------------------------------------

     1. Names of Reporting Persons.
       I.R.S. Identification Nos. of above persons (entities only).
       Perry Segura
 ..............................................................................
- ------------------------------------------------------------------------------

     2. Check the Appropriate Box if a Member of a Group (See Instructions)

       (a) ...................................................................


       (b) ...................................................................
- ------------------------------------------------------------------------------

     3. SEC Use Only .........................................................
- ------------------------------------------------------------------------------

     4. Citizenship or Place or Organization               United States
                                            ..................................
- ------------------------------------------------------------------------------


Number of       5.  Sole Voting Power     75,444
                                      ........................................
                --------------------------------------------------------------
Shares Bene-
ficially        6.  Shared Voting Power     373,591
                                       .......................................
                --------------------------------------------------------------
Owned by Each
Reporting       7.  Sole Dispositive Power     75,444
                                          ....................................
                --------------------------------------------------------------
Person With:
                8.  Shared Dispositive Power     373,591
                                            ..................................

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

     9. Aggregate Amount Beneficially Owned by Each Reporting Person  449,035
                                                                    ..........


    10. Check if the Aggregate Amount in Row (11) Excludes Certain
        Shares (See Instructions).............................................

    11. Percent of Class Represented by Amount in Row (11)      7.5
                                                          ....................

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

     12.   Type of Reporting Person (See Instructions)     IN
                                                      ........................
- ------------------------------------------------------------------------------

 ..............................................................................

 ..............................................................................

 ..............................................................................

 ..............................................................................

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



<PAGE>
                       INSTRUCTIONS FOR SCHEDULE 13G

INSTRUCTIONS FOR COVER PAGE

(1) NAMES  AND I.R.S. IDENTIFICATION NUMBERS OF  REPORTING  PERSONS-Furnish
    the full  legal  name of each person for whom the report is filed-i.e.,
    each person required  to sign the schedule itself-including each member
    of a group.  Do not include  the  name  of  a  person  required  to  be
    identified  in the report but who is not a reporting person.  Reporting
    persons that  are  entities  are also requested to furnish their I.R.S.
    identification  numbers,  although   disclosure   of  such  numbers  is
    voluntary, not mandatory (see "SPECIAL INSTRUCTIONS  FOR COMPLYING WITH
    SCHEDULE 13G" below).

(2) If any of the shares beneficially owned by a reporting  person are held
    as  a  member  of  a  group  and that membership is expressly affirmed,
    please check row 2(a).  If the reporting person disclaims membership in
    a group or describes a relationship  with  other  persons  but does not
    affirm the existence of a group, please check row 2(b) [unless  it is a
    joint  filing pursuant to Rule 13d-1(k)(1) in which case it may not  be
    necessary to check row 2(b)].

(3) The third row is for SEC internal use; please leave blank.

(4) CITIZENSHIP  OR  PLACE OF ORGANIZATION-Furnish citizenship if the named
    reporting person is  a  natural  person.   Otherwise,  furnish place of
    organization.

(5)-(9),  (11)   AGGREGATE  AMOUNT  BENEFICIALLY  OWNED  BY  EACH REPORTING
    PERSON, ETC. - Rows  (5)  through  (9)  inclusive , and  (11) are to be
    completed  in accordance with the provisions of Item 4 of Schedule 13G.
    All percentages are to be  rounded off to the nearest tenth (one  place
    after decimal point).

(10)Check if the aggregate amount reported as beneficially owned in row (9)
    does not include shares as to which beneficial  ownership is disclaimed
    pursuant to Rule 13d-4 (17 CFR 240.13d-4) under the Securities Exchange
    Act of 1934.

(12)TYPE  OF  REPORTING  PERSON-Please  classify  each  "reporting  person"
    according to the following breakdown (see Item 3 of Schedule  13G)  and
    place the appropriate symbol on the form:

<TABLE>
<CAPTION>
                    CATEGORY                            SYMBOL
               <S>                                     <C>
                Broker Dealer                            BD
                Bank                                     BK
                Insurance Company                        IC
                Investment Company                       IV
                Investment Adviser                       IA
                Employee Benefit Plan, Pension Fund,
                 or Endowment Fund                       EP
                Parent Holding Company/Control Person    HC
                Savings Association                      SA
                Church Plan                              CP
                Corporation                              CO
                Partnership                              PN
                Individual                               IN
                Other                                    OO
</TABLE>

NOTES:
    Attach  as  many  copies of the second  part  of the cover page as are
needed, one reporting person per page.

     Filing persons may, in order to  avoid unnecessary duplication, answer
items on the schedules (Schedule 13D, 13G  or  14D-1)  by appropriate cross
references  to  an item or items on the cover page(s).  This  approach  may
only be used where  the cover page item or items provide all the disclosure
required by the schedule  item.   Moreover, such a use of a cover page item
will result in the item becoming a  part  of  the  schedule and accordingly
being considered as "filed" for purposes of Section  18  of  the Securities
Exchange Act or otherwise subject to the liabilities of that section of the
Act.

    Reporting  persons may comply with their cover page filing requirements
by filing either completed copies  of  the  blank  forms available from the
Commission,  printed or typed facsimiles, or computer  printed  facsimiles,
provided the documents filed have identical formats to the forms prescribed
in the Commission's  regulations  and meet existing Securities Exchange Act
rules as to such matters as clarity  and size (Securities Exchange Act Rule
12b-12).


           SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G

    Under Sections 13(d), 13(g), and 23 of the Securities  Exchange  Act of
1934 and the rules and regulations thereunder, the Commission is authorized
to solicit the  information  required to  be supplied  by this schedule  by
certain security holders of certain issuers.

<PAGE>

    Disclosure of the information specified in this schedule is  mandatory,
except for I.R.S. identification numbers, disclosure of which is voluntary.
The information  will  be  used  for the primary purpose of determining and
disclosing the holdings of certain  beneficial  owners  of  certain  equity
securities.   This  statement  will  be  made  a  matter  of public record.
Therefore,  any information given will be available for inspection  by  any
member of the public.

    Because of the public nature of the information, the Commission can use
it for a variety of purposes,  including  referral  to  other  governmental
authorities  or  securities self-regulatory organizations for investigatory
purposes or in connection  with litigation involving the Federal securities
laws or other civil, criminal or regulatory statutes or provisions.  I.R.S.
identification  numbers,  if  furnished,  will  assist  the  Commission  in
identifying  security  holders  and,   therefore,  in  promptly  processing
statements of beneficial ownership of securities.

    Failure to disclose the information requested by this  schedule, except
for I.R.S. identification numbers, may result in civil or  criminal  action
against the  persons  involved for violation of the Federal securities laws
and rules promulgated thereunder.



                           GENERAL INSTRUCTIONS

A.  Statements filed pursuant  to  Rule 13d-1(b) containing the information
    required by this schedule shall  be  filed  not  later than February 14
    following the calendar year covered by the statement or within the time
    specified in Rules 13d-1(b)(2) and 13d-2(c).  Statements filed pursuant
    to Rule 13d-1(c) shall be filed within the time specified in Rules 13d-
    1(c), 13d-2(b) and 13d-2(d).  Statements filed pursuant  to  Rule  13d-
    1(d)  shall  be filed not later than February 14 following the calendar
    year covered by the statement pursuant to Rules 13d-1(d) and 13d-2(b).

B.  Information contained  in a form which is required to be filed by rules
    under section 13(f) (15  U.S.C.  78m(f))  for the same calendar year as
    that covered by a statement on this schedule  may  be  incorporated  by
    reference  in  response  to any of the items of this schedule.  If such
    information is incorporated  by  reference  in this schedule, copies of
    the relevant pages of such form shall be filed  as  an  exhibit to this
    schedule.

C.  The  item numbers and captions of the items shall be included  but  the
    text of  the items is to be omitted.  The answers to the items shall be
    so prepared  as  to  indicate clearly the coverage of the items without
    referring to the text  of the items.  Answer every item.  If an item is
    inapplicable or the answer is in the negative, so state.

ITEM 1.

    (a) Name of Issuer   UNIFAB International, Inc.

    (b) Address of Issuer's Principal Executive Offices  5007 Port Road
                                                         New Iberia, Louisiana
                                                         70562

ITEM 2.

    (a) Name of Person Filing   Perry Segura

    (b) Address of Principal Business Office or, if none, Residence

                                                        712 Darby Lane
                                                        New Iberia, Louisiana
                                                        70560

    (c) Citizenship      United States

    (d) Title of Class of Securities     Common Stock, $.01 par value

    (e) CUSIP Number     90467L 10 0

ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13D-1(B) OR
         240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

    (a) [ ] Broker or dealer registered under  section  15 of the Act (15
            U.S.C. 78o).

    (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

    (c) [ ] Insurance company as defined in section 3(a)(19)  of  the Act
            (15 U.S.C. 78c).

    (d) [ ] Investment  company  registered  under  section  8  of  the
            Investment Company Act of 1940 (15 U.S.C. 80a-8).

    (e) [ ] An investment adviser in accordance with Section 240.13d-
            1(b)(1)(ii)(E);

    (f) [ ] An employee benefit plan or endowment fund in accordance with
            Section 240.13d-1(b)(1)(ii)(F);

    (g) [ ] A parent holding company or control person in accordance with
            Section 240.13d-1(b)(1)(ii)(G);

    (h) [ ] A savings  association  as  defined  in  Section  3(b)  of the
            Federal Deposit Insurance Act (12 U.S.C. 1813);

    (i) [ ] A  church  plan  that  is  excluded from the definition of an
            investment company under section 3(c)(14)  of  the Investment
            Company Act of 1940 (15 U.S.C. 80a-3);

<PAGE>

    (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).


ITEM 4. OWNERSHIP.

    (a) Amount beneficially owned:       449,035      .
                                  --------------------

    (b) Percent of class:        7.5       .
                         ------------------

    (c) Number of shares as to which the person has:

       (i) Sole power to vote or to direct the vote      75,444       .
                                                   -------------------

      (ii) Shared power to vote or to direct the vote      373,591      .
                                                     -------------------

     (iii) Sole power to dispose or to direct the disposition of   75,444   .
                                                                ------------

      (iv) Shared power to dispose or to direct the disposition of  373,591  .
                                                                  -----------

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

     If this statement is  being  filed  to report the fact that as of the
date hereof the reporting person has ceased to  be the beneficial owner of
more  than five percent  of the  class of securities,  check the following
[ ].

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

    Of the securities reported in response to Item 4, a company  controlled
by the reporting  person has the right to receive dividends  from, and  the
proceeds from the sale of,  373,591  shares,  which  is  6.2 percent of the
class of subject securities.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY  WHICH  ACQUIRED
        THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

     Not applicable

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

     Not applicable

ITEM 9. NOTICE OF DISSOLUTION OF GROUP

     Not applicable

ITEM 10. CERTIFICATION

     Not applicable


<PAGE>

                                 SIGNATURE

 After  reasonable  inquiry  and to the best of my knowledge and belief,  I
certify that the information set  forth in this statement is true, complete
and correct.


                                                 February 28, 1999
                                              ----------------------
                                                       Date

                                                /S/ Perry Segura
                                              ----------------------
                                                    Signature


                                                   Perry Segura
                                              ----------------------
                                                    Name/Title


    The original  statement  shall be signed by each person on whose behalf
the statement is filed or his  authorized representative.  If the statement
is signed on behalf of a person by his authorized representative other than
an executive officer or general  partner  of the filing person, evidence of
the representative's authority to sign on behalf  of  such  person shall be
filed with the statement, provided, however, that a power of  attorney  for
this  purpose  which  is  already  on  file  with  the  Commission  may  be
incorporated by reference.  The name and any title of each person who signs
the statement shall be typed or printed beneath his signature.

NOTE:   Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits.  SEE <section>240.13d-
7 for other parties for whom copies are to be sent.

   ATTENTION:  INTENTIONAL  MISSTATEMENTS  OR  OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)



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