Harvey Gulf Moves into Shipbuilding

New Orleans-based Harvey Gulf International Marine (HGIM) is entering shipbuilding business via a new affiliate named Harvey Shipyard Group.

To this end, the newly-launched shipbuilding arm Harvey Shipyard Group is acquiring Gulf Coast Shipyard (Gulfport, Miss.) and Trinity Yachts (New Orleans, La.).

“These shipyard acquisitions will position Harvey Gulf as America’s only builder, owner and operator of dual-fuel (diesel/LNG) offshore supply vessels and allow us to pass along the savings of lower operating costs and environmental protection to the marine transportation industry,” said HGIM Chairman and CEO Shane J. Guidry .

The Gulf Coast Shipyard has a considerable experience in the field as it has built the first US LNG OSV, Harvey Energy, which was put into service this May.

Two more LNG-fuelled Harvey Gulf vessels are expected to follow in the next couple of years under a deal that includes eight units.

“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  plans to open the first LNG marine fueling facility in the United States this July, to be located at its vessel facility in Port Fourchon, Louisiana.

HGIM’s USD 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 LNG-powered vehicles.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >