New Orleans: Harvey Gulf International Marine announced on Thursday it has created a new entity to manage its recently acquired shipbuilding firms, one of which it plans to turn into a dominant player in the realm of liquefied natural gas offshore supply vessels (LNG OSVs).
Primarily Harvey Gulf has been a marine transportation company providing offshore supply and support vessels for deepwater operations in the US Gulf of Mexico.
But now it is branching out into the construction side of the industry, creating Harvey Shipyard Group to manage its shipbuilding assets. These assets comprise recent acquisitions Trinity Yachts in New Orleans and Gulf Coast Shipyard in Gulfport, Mississippi.
The latter, Gulf Coast Shipyard, built America’s first LNG OSVs for the oil and gas drilling market.
Harvey Gulf is investing $350m to construct a dual-fuel offshore fleet that will be able to run on both LNG and diesel. The shipyard will also build tank and hot oil barges.
In July Harvey Gulf expects to open its first marine fuelling station at Port Fourchon, Louisiana. It will be able to provide LNG refuelling both for offshore marine vessels and onshore road vehicles.