Shane J Guidry News

HGIM Corp., the parent company to U.S.-based Harvey Gulf International Marine, LLC, announced on Thursday that the holders of over 85% of its common stock, including Gladiator Investments, LLC, an affiliate of Shane J. Guidry, Walker Ridge Capital Management, LLC, an affiliate of The Jordan Company LP, and certain affiliates of Black Diamond Capital Management, L.L.C., have entered into a securityholders agreement. In connection with the agreement, Sherman Edmiston and James Swent have resigned from the board of directors…

America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’.6”, will be operated as part of an articulated tug and barge (ATB) unit designed to meet the requirements of American Bureau of Shipbuilding (ABS) and the International Gas Carrier code as an LNG bunkering barge.Its tug, the Q-Ocean Services, is scheduled to launch late October.

VT Halter Marine and Q-LNG Transport team members during start of construction of ATB Tug Q-Ocean Service and Barge Q-LNG 4000. VT Halter Marine, Inc. (VT Halter Marine), a company of Vision Technologies Systems, Inc. (VT Systems), today held a ceremony to commence construction on America’s first Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit. “We are honored to be able to celebrate the official start of construction on the first LNG Bunkering ATB unit ever built. We believe that this is a significant step towards the USA becoming the premier supplier of LNG as the environmentally friendly maritime fuel source of choice,” said Rob Mullins, Chief Executive Officer of VT Halter Marine.

Harvey Gulf International Marine (HGIM) announced it has received both ABS (American Bureau of Shipping) class functional approval and USCG (United States Coast Guard) design bases approval on a 4,000 cubic meter LNG articulating tug barge (ATB) construction drawing package; the design accounts for ship-to-ship transfer and shore side resupply transfers. Working closely with its design partner Waller Marine, and in conjunction with ABS and USCG HGIM has developed the design package…

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. 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.

Harvey Gulf International Marine LLC has received the first ABS Classification Certificate and the first USCG Certificate of Inspection for a vessel powered by LNG. The M/V Harvey Energy is the first LNG powered vessel in service in North America. Last week, Harvey Gulf performed the first truck to vessel transfer of LNG, the first vessel to bunker LNG and was the first U.S. Flagged LNG powered vessel to enter into port while being powered by LNG. The vessel will be based out of Port Fourchon, La. and will immediately begin its long term charter role.

Wärtsilä says it has signed a long-term Technical Management Agreement with Harvey Gulf International Marine LLC (Harvey Gulf). This five-year agreement covers Condition Based Maintenance & Dynamic Maintenance Planning for 8 offshore supply and multi-purpose support vessels – 6 liquefied natural gas (LNG) fuelled platform supply vessels and 2 offshore construction vessels powered by diesel fuel. The signed agreement ensures ideal running conditions and optimized maintenance for Harvey Gulf’s new vessels. It ensures that their engines – 18 Wärtsilä 34 dual-fuel engines and eight Wärtsilä 32 engines – always run at the optimal level, with optimized fuel economy and maintenance costs. Technical management is based on continuous condition monitoring data and periodical inspections.

Gulf Coast Shipyard Group (GCSG) has launched of the first of six Harvey Gulf International Marine 302’ x 64’ Dual Fuel Offshore Supply Vessels. Incorporating breakthrough clean-burning LNG technology, these vessels position Harvey Gulf as the leader in the environmental application of liquefied natural gas and demonstrates GCSG’s ability to meet marketplace demand. Harvey Gulf CEO, Shane J. Guidry, comments, “Certification of these vessels will be made by the American Bureau of Shipping to achieve ‘ENVIRO+, Green Passport’ status.

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, MS shipyard where the first Harvey Gulf LNG Powered Vessel hull fabrication was started last week.

Today, Harvey Gulf International Marine became the first U.S. vessel operator to contract for construction of vessels capable of operating exclusively on natural gas. The agreement is for two, 302’ X 64’, Dual Fuel Offshore Supply Vessels, with an option for a third. The contract was signed with Trinity Offshore, which will build the vessels at their Gulfport, MS shipyard. In addition to being powered by cleaner burning natural gas, the vessels will achieve “ENVIRO+, Green Passport” Certification by the American Bureau of Shipping.

Initial deal worth $165 million; $300 million for 6 additional newbuilds and another $500 million for acquisitions also approved. Harvey Gulf International Marine announced Saturday that it will sign a deal for three LNG vessels to be built by Signal Shipbuilding. At a Harvey Gulf board meeting held on Satruday afternoon, the Louisiana-based operator's management team approved the $165 million deal, said Harvey Gulf International Marine Chairman & CEO, Shane J. Guidry. Guidry told MarineNews Editor Joe keefe…

On July 28, 2011, Harvey Gulf International Marine’s Board of Directors approved the construction of the first United States-flagged LNG Offshore Supply Vessels. Harvey Gulf International Marine’s Chairman & CEO Shane J. Guidry stated that this is another example of Harvey Gulf’s commitment to meet its clients' future needs. Guidry also said that a contract will be awarded to a US shipyard on or before August 28, 2011. The SV310DF vessels, designed by STX Marine Inc., will be dual-fuel with LNG capacity for seven days with three engines at full RPM.

MarineCFO Inc., provider of on-vessel, marine operations, personnel, fleet maintenance and financial management software solutions to the workboat industry, announced the implementation of its software suite, MarineCFO Enterprise, at Harvey Gulf International Marine LLC. “At Harvey Gulf, we believe that investment in the latest technology is one of the keys to future success. We are investing in technologically advanced new build vessels and software systems that will serve our needs far into the future.” said Shane J. Guidry, Chairman and CEO of Harvey Gulf. “The software solutions from MarineCFO provide Harvey Gulf with state of the art systems that assist us in providing a high level of customer service…

Harvey Gulf International Marine, Inc. has announced the intent to diversify into a full service marine transportation provider. President and CEO, Shane J. Guidry announced that Harvey Gulf has entered into an agreement with Eastern Shipbuilding in Panama City, Fla., for the construction of six offshore supply vessels. Each will be ABS DP2 certified with capacities of 7,000 Bbls liquid mud, 9600 Bbls bulk and 3,300 DWT tons of cargo carrying capacity. Harvey Gulf will soon go out for new construction bids of four 200 ft. platform supply vessels for the shelf market. Harvey Gulf has also accepted delivery of its new build tug, the M/V Harvey Thunder, a 13,500 hp sister vessel to the M/V Harvey Intruder. Its expected delivery date is November 15, 2001.

Harvey Gulf Intl. recently took delivery of Harvey Provider, a unique 240 x 56 x 18.5 Offshore Service Vessel (OSV) which is classed by ABS as Maltese Cross A1 Ocean Service Dynamic Position Level 2 (DP-2). Harvey Provider is the first of six vessels, and the DP-2 certification means that it can transport a full load of cargo (approximately 3,000 tons) in and out of most of South Louisiana, Texas and Alabama ports, not restricted exclusively to deepwater ports. Harvey Provider is special because of its navigational capabilities per its DP-2 certification, a designation which dramatically expands its scope of operation, and hence, revenue. The vessel is built to carry an incredible load, with a clear deck space measuring 175 x 56 ft. (9,800 sq. ft.), able to carry 2,352 short tons.