John Dane Iii News

19 Jun 2018

#BTC100 History

Photo Courtesy of Bouchard Transportation Co.

In 1993, Bouchard Transportation Co. christened the B. No. 230, which was the first double-hulled barge to enter service in the United States. Joined together for this milestone celebration was (pictured left to right): Mr. John Dane III, former President/CEO, Halter Marine Group Inc.; Mr. Gerhard Kurz, former President, Mobil Shipping and Transportation Company (MOSAT), a Mobil Oil-affiliated company; and Mr. Morton S. Bouchard Jr., former Chairman, BTC. The July 2018 edition of Maritime Reporter & Engineering News will feature a special “Bouchard Transportation Co.

13 Mar 2015

Harvey Energy Begins Work for Shell

Harvey Energy

Gulf Coast Shipyard Group (GCSG) informed that Harvey Energy, the first LNG vessel operating in the United States—for Shell Upstream America’s deep water operations in the Gulf of Mexico—is fully in service. The first of six LNG OSVs being built for Harvey Gulf International Marine, Harvey Energy is the break-out vessel capable of operating on LNG or diesel and is the result of a forward-thinking operator, complex engineering and sophisticated building. Along with being able to operate on LNG, she also meets the strident criteria of the ABS Enviro+, Green Passport notation.

22 Jan 2014

First Harvey Gulf LNG OSV Launched by GCSG

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.

22 Jan 2014

Gulf Coast Shipyard Group is Gulfport's Newest Tenant

John Dane III, President, Gulf Coast Shipyard Group

Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— has announced its expansion by signing a three-year lease with one-year options with the Port of Gulfport. Specifically, Gulf Coast Shipyard Group will use 400 linear feet of dock space on the Port’s East Pier and 15,000 square feet of warehouse space to outfit the dual fuel liquefied natural gas (LNG) powered vessels it is building for Harvey Gulf International Marine.

08 Oct 2013

Gulf Coast Shipyard Group Branding

John Dane III

Shipyards in New Orleans and Gulfport, Miss., are being branded under the name Gulf Coast Shipyard Group Inc. Gulf Coast Shipyard Group, Inc., a manufacturer of a variety of ocean- going and inland marine vessels for commercial and military markets, announce that it will consolidate its global branding under the Gulf Coast Shipyard Group in order to better communicate the company’s array of vessels. Gulf Coast Shipyard Group manufactures offshore supply vessels, tank barges, military patrol vessels…

02 Oct 2013

Sequestration? What Sequestration?

Smaller boatyards carve out a profitable niche in this challenging, yet target rich maritime environment. For Kvichak and USMI; so far, so good. The May edition of MarineNews brought analysis of possible downstream consequences of the U.S. federal government’s ongoing austerity measures, especially where it could impact U.S. boatbuilders with backlogs tied to government funding. Susan Buchanan’s “Budget Battles Bumping Backlogs” piece brought out the good, bad and potentially ugly realities of the new normal in Washington…

29 May 2013

Gulf Coast Shipyard Group Investment by Littlejohn

Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc. Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets under the brand name TY Offshore, as well as superyachts under the brand name Trinity Yachts. Centrally located on the Gulf Coast of the United States, Gulf Coast manufactures offshore supply vessels, tank barges, military patrol vessels, tugs and superyachts from two facilities located in Gulfport, MS and New Orleans, LA. Gulf Coast entered the commercial vessel market…

17 Dec 2012

Tank Barge Launched for TY Offshore

TY Barge Launch: Photo credit TY Offshore

TY Offshore Launches FMT 3248, the fourth of fourteen FMT Industries Barges built at TY's Gulfport, Mississippi facility. TY Offshore, LLC announce the launch of FMT 3248, the fourth of fourteen 297’6” x 54’ x 12’, 30,000 barrel tank barges for FMT Industries, LLC, one of the several companies within the Florida Marine Group (Florida Marine). FMT Industries has recently exercised its option for four additional barges from its original order of ten. Additional barge launches follow on at thirty day intervals.

04 Dec 2012

TY President John Dane lll Workboat Show 2012 Keynote Speaker

John Dane III, President and CEO of TY Offshore, LLC & Trinity Yachts, LLC delivers 'Shipyard Day' show keynote speach. The show's 'Shipyard Day' keynote address is from John Dane III, President and CEO of TY Offshore, LLC and Trinity Yachts, LLC, during the 2012 International Workboat Show in New Orleans, Louisiana. John Dane's TY Offshore, currently builds offshore supply vessels, patrol craft, tug boats, oil skimmers and inland oil tank barges, while Trinity Yachts is one of the world's leading builders of megayachts to 330 feet. Both Trinity companies share two shipyards—in Gulfport, Mississippi and New Orleans, Louisiana—and employ 650 personnel and 200 subcontractors.

27 Sep 2012

Life, Times, Business & Future of John Dane III & his newly rebranded TY Offshore

In the more than two years since its founding, Mississippi-based TY Offshore, the former Trinity Offshore, has invested in a new yard in Gulfport and repaired its storm-damaged New Orleans holdings. The company has doubled its capacity and racked up new orders, president and CEO John Dane III said. TY Offshore designs and builds offshore barges, tugs, oilfield-support vessels and spill-response and patrol vessels. The company's new name, adopted in late June, should make business simpler. “We decided to rebrand for two reasons,” Dane said.

30 Aug 2012

John Dane III Leaves His Mark

“The 2008 financial crash slowed  the luxury business, and the new class warfare coming out of Washington has made owning a large yacht out of favor. In the more than two years since its founding, Mississippi-based TY Offshore, the former Trinity Offshore, has invested in a new yard in Gulfport and repaired its storm-damaged New Orleans holdings. The company has doubled its capacity and racked up new orders, president and CEO John Dane III said. TY Offshore designs and builds offshore barges, tugs, oilfield-support vessels and spill-response and patrol vessels. The company's new name, adopted in late June, should make business simpler. “We decided to rebrand for two reasons,” Dane said.

25 Jun 2012

Trinity Offshore Re-Brands as TY Offshore

John Dane III presented TY Offshore to the maritime industries. The re-branding of the company from Trinity Offshore to TY Offshore is intended to provide clear market positioning for the leading Mississippi-based designer and builder of commercial tugs, offshore barges, oil spill response, patrol and oil field support vessels from 10 meters to 95 meters (33’ to 312’) in length. The name change is also intended to delineate the company from Dallas, Texas-based Trinity Industries, Inc.

09 Feb 2012

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

18 Oct 2011

FMT to Build 4 Barges at Trinity

FMT Industries, LLC, A Florida Marine Transporters Affiliate, Signs Contract to Build Four 30,000 Barrel Fuel Barges with Trinity Offshore, LLC. Order Indicates Florida Marine’s Ongoing Commitment to Customers. FMT Industries, LLC—an affiliate of Florida Marine Transporters, Inc. (Florida Marine)—has signed a contract with Trinity Offshore, LLC to build four 297’6” x 54’ x 12’, 30,000 barrel tank barges. Florida Marine’s Chairman and CEO, Dennis A. Pasentine, says, “The order is part of Florida Marine’s ongoing commitment to meet its customers’ needs.

07 Oct 2011

Harvey Gulf Contracts to Build First U.S. LNG-Powered Vessels

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.

16 Jan 2009

Trinity Yachts Delivers First of Two Patrol Craft

Trinity Yachts, L.L.C., through its wholly owned subsidiary, Trinity Offshore, L.L.C., has delivered the first of two aluminum 82 ft. patrol craft it is building in New Orleans under a sub-contract to United States Marine, Inc., (U.S.M.I.) of Gulfport. The craft design is similar to those built for United States Special Operations Command (SOCOM) in the late 1990’s by the Trinity Marine Group. These vessels are still in service today. The first hull was recently delivered to U.S.M.I. for outfitting and the second hull is scheduled for delivery to U.S.M.I. in late March 2009.

13 Feb 2008

Shipbuilding Company Returns to New Orleans

United States Marine Inc., a shipbuilding company that moved its headquarters to Gulfport, Miss. after Hurricane Katrina, has returned to the New Orleans. In November 2007, the company leased space along the Industrial Canal in New Orleans from Trinity Yachts Inc. The company now is using the New Orleans yard to construct a line of military vessels bound for the Middle East nation of Bahrain. United States Marine's headquarters will remain in Mississippi while its new Industrial Canal space will serve as a second location. The company shares Trinity's equipment and work force, which it is using to complete a $22m contract with the U.S. Navy to build two vessels that will ultimately be used by Bahrain.

14 Jan 2004

Feature: The Jewel of the Industrial Canal

The Industrial Canal in New Orleans is aptly named. Connecting a tributary of Mississippi River with Lake Pontchartrain, it is much like a boulevard of broken dreams. Remnants of old shipyards, coffee-roasting facilities operating at half capacity and areas where the oil boom flourished and died dot the banks of the canal. Trinity Yachts, that has suddenly become the 800 lb. Gorilla of the megayacht business. Trinity Yachts was once a part Friede Goldman Halter Company, that corporate experiment that proved you couldn't put an oilrig builder and a boat builder together and get a company that meshes together. Trinity Yachts and was one of the first pieces of the company to be sold off.

05 Oct 2004

Megayacht Market Expands

Basic laws of supply and demand seem to have little impact on the megayacht market. It is driven by the financial health of the builders, not the purchasers. In the past, the market had been plagued by high profile bankruptcies of some of the builders, driving buyers to Europe or even the Far East for their dreamboats. Today the U.S. market is healthier because of one firm, Trinity Yachts of New Orleans. Trinity has been in business for a little over four years, but in that time they have continued to grow to a point where they are building a new outfitting building for vessels up to 250 ft. long and typically have three boats in their outfitting shed and three in fabrication. "Outfitting one of our boats takes at least a year," said Billy Smith, VP of Trinity Yachts.

01 Nov 2005

Full Speed Ahead for Trinity Yachts

Trinity Yachts, LLC has moved one ) nearly completed yacht and four of their partially built yachts over to their new production facility in Gulfport, Miss. These yachts were towed through the Intracoastal waterways that are strewn with sunken or damaged fishing and pleasure boats left over from Hurricane Katrina. According to John Dane III, President of Trinity Yachts, “The last eight weeks have been very hectic since hurricane Katrina stuck, and with the Ft. Lauderdale International Boat Show quickly approaching, we really haven’t had a chance to pause and reflect on how far we have come. The modern shipyard based in Gulfport, MS., has over 9 acres/3.6 hectares (392,040 sq. ft./119,493 sq. m) of covered building area situated on approximately 50 acres/20.5 hectares of land.

01 Sep 1999

Halter Marine Announces 3Q 99 Financial Results

Halter Marine Group, Inc. announced the company's financial results for the quarter ended December 31, 1998 were a loss of one million dollars, on revenue of $279.2 million. This compares to net income of $8.8 million, on revenue of $180.6 million in the third quarter of fiscal 1998. For the nine months ended December 31, 1998, the company reported net income of $11.8 million, on revenue of $759.8 million. For the comparable 1997 period, Halter Marine Group reported net income of $22 million, on revenue of $480.8 million. The net loss for the quarter is primarily attributable to cost overruns on two drill barge contracts comprising a total of six barges. Results for the quarter also reflect the positive impact of $6.9 million in income tax benefit that was recorded during the period.

01 Sep 1999

Halter Wins $53.6 Million Contract

Halter Marine Inc. of Halter Marine Group, Inc. Gulfport, Miss. has been awarded a $53.6 million contract from the U. S. Navy to build a T-AGS 60 class oceanographic research ship. The vessel will be the sixth of its class, all designed, built or under construction at Halter. The contract also includes spare parts and technical services. Construction will begin in approximately 60 days at Halter's Moss Point, Miss. shipyard and delivery is planned for Dec. 2001. In making the announcement, John Dane III, chairman, president and CEO of Halter Marine Group, Inc. said, "This contract is the result of the Navy exercising an option from a previous contract.

24 Sep 1999

Halter Marine Announces 1Q Results

Halter Marine Group, Inc. announced the company's net income for the first quarter ended June 30, 1999 was $1.9 million on revenue of $192.1 million. This compares to net income of $6.1 million on revenue of $209.8 million in first quarter of fiscal 1999. The company's fiscal year ends March 31. "The company's first-quarter earnings represent continued improvement in Halter's operating results compared to our two most recent quarters," said John Dane III, chairman, president and CEO. "Gross margins in the company's vessels segment exceeded those of both the prior quarter and the year-ago quarter as the impact of our Project ABC business process improvement program continues to be realized.

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