Harvey Gulf Enters Shipbuilding Segment

Gulf coast shipyard group
Image: Gulf coast shipyard group

By The Maritime Executive 06-26-2015 03:01:10

Harvey Gulf International Marine is entering the shipbuilding segment following the purchase of two shipyards along the Gulf of Mexico.  

The New Orleans-based company is acquiring Gulf Coast Shipyards in Mississippi as well as Trinity Yachts in Louisiana. Currently, Trinity Yachts builds custom superyachts and operates as a division of Gulf Coast Shipyards.

In order to manage its shipbuilding assets, Harvey Gulf will be launching a new affiliate, Harvey Shipyard Group, the company announced Thursday.

Under Harvey Gulf’s leadership, Gulf Coast Shipyard will become a state-of-the-art builder of world-class vessels, the company claims.  Gulf Coast is already responsible for the construction of the nation’s first LNG OSVs for the offshore market. Harvey Gulf alone is investing $350 million to construct a six vessel fleet of hybrid LNG-diesel OSVs.

Shane J. Guidry chairman and CEO of Harvey Gulf said, “These shipyard acquisitions will position Harvey Gulf as America’s only builder, owner, and operator of dual-fuel offshore supply vessels and allow us to pass along the savings of lower operating costs and environmental protection to the Marine Transportation industry.”

In July Harvey Gulf will be opening its first LNG marine fueling facility at Port Fourchon, LA. Harvey Gulf’s $25 million Phase I construction will be capable of fueling Harvey Gulf’s fleet of dual-fuel offshore supply vessels and will accommodate America’s growing fleet of over-the-road vehicles operating on safe, efficient LNG.

Harvey Gulf is also the only American shipbuilder to meet the requirements of the ABS “ENVIRO+, Green Passport Gas Fueled Ships” certification and says it remains committed to building and operating the most environmentally–friendly vessels in the Gulf of Mexico.

“The duel-fuel vessels we’re building and our LNG bunkering facility are indicative of HGIM’s commitment to develop and utilize the safest, most environmentally-friendly vessels and fuel technology available today,” said Guidry.

Harvey Gulf expects its shipyard acquisitions will result in an expansion of operations in Gulfport and New Orleans as it continues to bring innovative dual-fuel ship design, engineering and construction to its marine transportation industry clients.