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Harvey Gulf Acquires Shipbuilding Assets

Gulf Coast Shipyard (Photo: HGIM)

Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group   Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets, the company announced today. Harvey Shipyard Group is acquiring Gulf Coast Shipyard (Gulfport, Miss.) and Trinity Yachts (New Orleans, La.).   HGIM Chairman and CEO Shane J. Guidry said, “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.”   HGIM said it intends to work with its affiliates to catapult the Gulf Coast Shipyard, which constructed the nation’s first LNG OSVs for the offshore market, in addition to tank and hot oil barges. HGIM alone is investing $350 million to construct its dual-fuel fleet.   This July, HGIM will open 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 safe, efficient LNG.  

Gulf Energy Maritime Takes Delivery of Tanker

Gulf Energy Maritime has taken delivery of the second of 13 double-hulled tankers on order with Korea’s Hyundai Mipo Dockyard (HMD) in less than three months. The $57m Gulf Elan is the eighth double-hulled tanker in GEM’s growing fleet. The company is to receive another 11 of the total order book of 13 ships valued at $590 million by 2009 end. The ship was named by lady sponsor Jane Slemeck, wife of Mark Slemeck, managing director of Kingfish Services Ltd

Fog May Pose Threat to Gulf Coast Shipping

Fog, which has shrouded parts of the U.S. Gulf of Mexico coast in recent weeks, could remain an intermittent threat to shipping and crude oil imports through April, according to a government meteorologist. In February, March and April sea fogs can form quickly along the Gulf coast as warm moist air heading in from the Gulf hits cooler coastal waters, causing the moisture to condense. “All of a sudden it’s like you drive into a brick wall and the visibility goes down to a sixteenth of a

Harvey Gulf Inks LNG OSV Contracts

Dual Fuel Offshore Supply Vessel

Harvey Gulf signs contracts to buld two additonal U.S. flag LNG-powerd vessels.   Harvey Gulf International Marine ordered two additional 302’ X 64’, Dual Fuel Offshore Supply Vessels, bringing its total order to four.   The contract signed today with Trinity Offshore is a follow on to the first two vessel order placed in October of 2011.  Trinity will build all four vessels at their Gulfport

More Oil Rigs Leaving GoM

According to The Post Gazette, jack-up and deep-water rigs are leaving the Gulf of Mexico for more lucrative jobs elsewhere. This is expected to accelerate production declines in the Gulf, putting upward pressure on domestic energy prices. The rig exodus is squeezing what was an already tight market for drilling equipment. In 2001, about 148 rigs were in the Gulf. Now, about 90 remain, and more are expected to leave soon.

Mediterranean Shipping General Rate Increase

Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010. All commodities including exempt (exception reefer) US west coast port/port    : $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US west coast ports: $200/40 ft and $150/20 ft US east coast and gulf port/port: $200/40 ft and $150/20 ft

Pirates Low Profile in Monsoon Season

NATO Shipping Centre promulgates its latest weekly piracy assessment for the 'High Risk Area' During the reporting period 7 – 13, June 2012, the number of piracy incidents in the High Risk Area (HRA) has remained low, with no incidents reported. Due to the South-West monsoon between June and September, sea conditions in the HRA are expected to be generally unfavourable for small boats. Pirate Activity Groups (PAG) will likely continue to focus their limited efforts in the Northern

BOXESG Enters 7th Fleet: Sets Course for Home

USS Boxer (LHD 4) and ships assigned to Boxer Expeditionary Strike Group (BOXESG) steam alongside while transiting to U.S. 5th Fleet's area of responsibility. 5th Fleet, headquartered in Manama, Bahrain, is responsible for a sea encompassing about 2.5 million square miles of water including the Persian Gulf, Arabian Sea, Red Sea, Gulf of Aden, Gulf of Oman, and parts of the Indian Ocean. U.S. Navy photo by Mass Communication Specialist Seaman Paul Polach

First Tanker Fixed For Next Phase Of Oil For Food Deal

The first tanker to carry Iraqi oil exports under the next phase of the U.N. "oil for food" deal has been chartered subject to the program being extended, according to shipping brokers. The Panamanian-registered VLCC Kristhild has been fixed to Russian trader Ursa to sail from the Gulf port of Mina al-Bakr to the U.S. Gulf, provided the United Nations and Iraq reach an accord to continue exports beyond Nov. 20. The 258

Warships Protect Drifting Tanker in Pirate Waters

New Dehli Express Stern.JPG

WHILE Royal Navy ships protect the London Olympics others have rushed to prevent a pirate attack in the Middle East. The minehunters HMS Middleton and HMS Pembroke were in the Gulf of Aden on their way home when they received a distress call from the MV New Delhi Express on July 27th. The 40,000-tonne merchant ship, laden with valuable containers, contacted HMS Middleton to say she was 12 miles to the south west and had suffered an engine failure

Security Advisory: Piracy – Revision of BMP4 High Risk Area


BIMCO says that the co-sponsors of BMP 4 have agreed to a revised definition of the High Risk Area. The High Risk Area is now defined as being bounded by: In the Red Sea: Latitude 15oN In the Gulf of Oman: Latitude 22oN Eastern limit: Longitude 065oE Southern limit: Latitude 5oS  

Workers Evacuated After Gas Leak at Mexico Platform

Mexico's state-owned oil company Pemex said on Tuesday that it was working to control a gas leak at the Sihil A platform in the Gulf of Mexico.   Eighty-five workers have been evacuated, Pemex said in a tweet, but there were no injuries and no fire has been reported.  

HMAS Melbourne Intercepts 427kg Heroin

HMAS Melbourne keeps watch over an intercepted dhow in the Indian Ocean. HMAS Melbournes crew boarded the vessel and discovered 427kg of heroin that was confiscated and subsequently destroyed.

  HMAS Melbourne’s crew has seized 427 kilograms of heroin hidden in a fishing dhow carrying the illegal drugs across the Indian Ocean. The intercept occurred during Melbourne’s first patrol of her current Operation MANITOU deployment to the Middle East Region assigned to the

Northern Fleet to Conduct Anti-terrorist Exercises

Sailors of the Northern Fleet

  The sailors of the Northern Fleet will conduct anti-terrorism exercises at Novaya Zemlya. During the exercise, the coast will be a landing. The landing will take place on the west coast of the South Island in the Gulf of Rogachev, the press service of the Northern Fleet

APM TEC2 Receives Cranes

APM Terminals Lazaro Cardenas Mexico receives new cranes

The first three of the world’s largest and most technologically advanced Ship-to-Shore (STS) container cranes and two rail mounted cranes for the intermodal rail facility have been delivered to APM Terminals’ Lázaro Cárdenas (TEC2)

Arctic Ice 'Too Thick' for Shipping Route

Photo: Inhabitat

 Sea ice in the Arctic is still too thick for Northwest Passage commercial shipping route in spite of warming temperatures. This is according to new research from York University.   Despite climate change, Arctic sea ice remains too thick and treacherous, says the study

Yemeni Govt, Saudi-led Forces Retake Red Sea Strait

Loyalist Yemeni troops and Gulf Arab forces have seized the Mandab Strait connecting the Red Sea and the Gulf of Aden from Houthi fighters, reasserting control over the strategic sea lane, a government spokesman said on Thursday. Residents reported air strikes and shelling by warships in

Weapons Bound for Yemen Seized on Iranian Boat

Saudi-led coalition forces said on Wednesday they had seized an Iranian fishing boat loaded with weapons on its way to deliver them to Houthi fighters in Yemen.   The announcement came a day after tribal fighters backed by the coalition won control of a strategic dam in central Yemen from

MN 100: Elastec

X Skimmer 4.jpg

The Company: Elastec manufactures and markets innovative pollution control and recovery systems. The company’s core competency is oil spill response: skimmers, fire and containment booms, boom deployment systems, portable vacuum equipment, workboats, dispersant spray systems

SE Asia Accounts for More than Half of the World’s Piracy Attacks

Graph: International Maritime Bureau (IMB)

 At present more than half of the world’s piracy attacks are occurring in South East Asia, says he latest International Maritime Bureau (IMB) incident report.   Piracy in the Gulf of Aden, which was the scourge of global shipping from 2011-14 has all but disappeared

HMAS Newcastle Returns with Seized Heroin

HMAS Newcastle

  HMAS Newcastle today returned triumphantly to Garden Island, Sydney, after seizing more than $1 billion in heroin in the Middle East region during her six-month Operation MANITOU deployment.   The ship’s company of 228 was welcomed back by Commodore Warfare

UK P&I Club's West Africa Piracy Guidance

uk p&i club logo.jpg

UK P&I Club provides practical guidance to Members in relation to piracy in West Africa. Stuart Edmonston, Head of Loss Prevention, says: “We have seen a sizable shift in pirate activity, from Somali to West Africa, and are witnessing an increase in incidents particularly offshore

Egypt to Buy French Warships Initially Built for Russia

France has agreed to sell two Mistral helicopter carriers to Egypt for 950 million euros ($1.06 billion) after their sale to Russia was canceled in August, French officials said on Wednesday. Cairo has sought to boost its military power in the face of a two-year insurgency based across the Suez

Maritime Security Threats ‘Far from Eradicated’ -MAST

The need to regulate and police the maritime domain to tackle global threats is as pressing as ever, according to Phil Cable, CEO and cofounder of maritime security company MAST.    “The global threats faced by the maritime environment, whether it be terrorist, pirate

Dry bulk shipping, Tankers Fall Down

Graph: Drewry Maritime Equity Research

 All stocks under Drewry Maritime Equity Research (DMER)’s dry bulk coverage were down and recorded double-digit negative returns, taking cues from vessel earnings.   The BDI shed its gain of the previous two months and nudged down 20% m/m in August led by a fall in the Capesize

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