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Big moves have been made by Harvey Gulf.
First up, three newbuild orders were placed for 2 STXCV Heavy Lift Construction Vessels, as well as a 6th Dual Fuel Offshore Supply Vessel (OSV) from Eastern Shipbuilding and TY Offshore respectively. Once built, Harvey Gulf will own the world’s largest fleet of LNG-fueled OSVs.
The Heavy Lift Construction Vessels will be named the Harvey Sub-Sea and the Harvey Blue-Sea, and share the following features:
The two vessels are in addition to an STXCV 310 Light Construction Vessel, the Harvey Deep-Sea also constructed by Eastern Shipbuilding Group. Harvey Gulf International Marine will take delivery of the Harvey Deep-Sea in July 2013.
In addition to the newbuild contracts, Harvey Gulf has also signed an agreement to purchase 11 of Gulf Offshore Logistics’ DP 2 Offshore Supply and Fast Supply Vessels. The specific vessels were not mentioned however.
In all, the value of the three contracts totaled $540 million.
CEO Shane Guidry commented:
“The Gulf Offshore Logistics acquisition will complement our existing fleet of vessels, but most importantly it will bring additional diversity to Harvey with the addition of Fast Supply Vessel’s. The two heavy construction vessels will allow my company to maintain its position as the largest United States flag owner of vessels with the ability of deploying over 135 metric tons to water depths of 3,500 meters with lifting hook heights of 40 meters above the main deck. My commitment to our clients, the environment and our industry is clear. We are the only company in America building Offshore Supply Vessels utilizing liquefied natural gas (LNG) as its fuel source regardless of the fact that these vessels have a construction cost of 20% percent higher than a conventional Offshore Supply Vessel.”
GCAPTAIN FORUM: Harvey Gulf in the GOM
At a recent presentation in Houston, I asked Harvey Gulf’s Marketing Director how much further growth could be expected for them within the LNG-fueled OSV sector. He noted that although they are forecasting 10 or so vessels, each order would be evaluated independently and that in reality, “the sky is the limit… and our plan is to keep two-in-the hole,” that is two vessels continuously under construction at any one time.
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