POWER OF ATTORNEY

	Know all by these presents, that the undersigned (the "Reporting Person") hereby
constitutes and appoints each of Kirk J. Meche, Deborah Kern-Knoblock, Carl J. Gast and Allen
E. Frederic, III, signing individually, as the Reporting Person's true and lawful attorney-in-fact
to:

       (1)		execute for and on behalf of the Reporting Person, in the Reporting Person's
capacity as an officer or director of Gulf Island Fabrication, Inc. (the "Company"), Forms 3, 4,
and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder;

       (2)		do and perform any and all acts for and on behalf of the Reporting Person that
may be necessary or desirable to complete and execute any such Form 3, 4 or 5 and timely file
such form with the United States Securities and Exchange Commission, and any stock exchange
or similar authority; and

       (3)		take any other action of any type whatsoever in connection with the foregoing
which, in the opinion of such attorney-in-fact, may be of benefit to, and in the best interest of, or
legally required by, the Reporting Person, it being understood that the documents executed by
such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in
such form and shall contain such items and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.

	The Reporting Person hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite, necessary, or
proper to be done in the exercise of any of the rights and powers herein granted, as fully to all
intents and purposes as the Reporting Person might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-
fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by
the virtue of this Power of Attorney and the rights and powers herein granted. The Reporting
Person acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the
request of the Reporting Person, are not assuming, nor is the Company assuming, any of the
Reporting Person's responsibilities to comply with Section 16 of the Securities Exchange Act of
1934.

This Power of Attorney shall remain in full force and effect until the Reporting Person is no
longer required to file Forms 3, 4 or 5 with respect to the Reporting Person's holdings of and
transactions in securities issued by the Company, unless earlier revoked by the Reporting Person
in a signed writing delivered to the foregoing attorneys-in-fact.

      IN WITNESS WHEREOF, the Reporting Person has caused this Power of Attorney to be
executed this 15th day of May, 2013.

				         /s/Jeffrey M. Favret
							          Jeffrey M. Favret