Harvey Gulf International Marine (HGIM) said in a statement on Thursday it is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets.
Harvey Shipyard Group is acquiring Gulf Coast Shipyard (Gulfport, MS) and Trinity Yachts (New Orleans, LA).
HGIM Chairman and CEO Shane J. Guidry s aid, “ 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 .”
Building on Gulf Coast Shipyard’s success in constructing the nation’s first LNG OSVs for the offshore market, HGIM and its affiliates will “ catapult the Gulf Coast Shipyard into a state-of-the-art builder of world-class vessels ,” the statement said.
HGIM alone is investing $350 million to construct its dual-fuel fleet.
This July, HGIM will be opening its first of its kind marine fueling station at Port Fourchon, LA to bring LNG as a marine fuel to the offshore and inshore industry. HGIM’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 LNG.
Harvey Gulf is the only American shipbuilder to meet the requirements of the ABS “ENVIRO+, Green Passport Gas Fueled Ships” certification, according to the statement.
Image: Harvey Gulf