Harvey Gulf Will Diversify into Full Service Marine Transportation Provider

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. The M/V Harvey War Horse, a 16,500 hp-classed tug, geared for capabilities in offshore towing, is under construction and is slated for a February 2002 delivery.