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  5. 930 S.W.2d 829 (1996)
 

N. AMERICAN SHIP. v. SOUTHERN MARINE

No. 01-95-00471-CV.

930 S.W.2d 829 (1996)

NORTH AMERICAN SHIPBUILDING, INC., Appellant, v. SOUTHERN MARINE & AVIATION UNDERWRITING, INC., et al., Appellees.

Court of Appeals of Texas, Houston (1st Dist.).

August 29, 1996.

Attorney(s) appearing for the Case

Sara J. Fendia, Kenneth Fibich, Michael Zomcik, Houston, for appellant.

Michael McCoy, P.W. Pickering, Gray H. Miller, Steven Pate, William Boyce, Houston, for appellees.

Before HEDGES, TAFT and COHEN, JJ.

OPINION

COHEN, Justice.

North American Shipbuilding, Inc. appeals a take-nothing summary judgment arising from an insurance coverage dispute. We affirm.

FACTS

Viewed in the light most favorable to the non-movant, the evidence shows the following. In February 1990, North American contracted to build a ship designated NASB Hull # 137 and purchased a builder's risk insurance policy to insure Hull # 137 during construction.

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