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.
Trinity Yachts Signs Contract To Build 192 ft. Yacht
Trinity Yachts, Inc. will build for a New Zealand client a 192 ft. global explorer yacht to be delivered in the fall of 2001. This yacht will be the first of Trinity Yachts Explorer Series and features large capacities for fuel, water, provisions and tenders in order to allow cruising for extended periods of time in remote areas of the South Pacific. The vessel, the largest contracted to date, will be the fourth of the New Class of Global Explorer yachts designed and marketed by Trinity Yachts, Inc. The new Ulysses will be constructed and finished to a very high standard with classification to Lloyds 100A1 LMC for private yachts. Main engines will be twin Caterpillar 3512B rated at 1,500 hp each at 1,600 rpm for a cruise speed of 15 knots with a range of 8,000 miles at 12 knots.
Trinity Yachts to Acquire IYC
Trinity Yachts, LLC (Trinity) and International Yacht Collection (IYC) have announced today that they have signed a Letter of Intent for Trinity to acquire IYC. This acquisition will expand Trinity's capabilities and enable it to offer its clients the entire range of yachting services: new construction, repairs, brokerage, charter management, retail charter, yacht management, and crew placement. It is expected that the purchase should be completed by July 1, 2007.
164’ (49.9m) Tsumat Launched at Trinity Yachts
Trinity Yachts has announced its first launch of 2012: Tsumat, a 164’ (49.9m) Tri-Deck custom built superyacht with aluminum hull and superstructure. Representing quintessential Trinity Yachts design, naval architecture and exterior styling, Tsumat is the stuff dreams are made of for her owner, a repeat Trinity customer whose family has enjoyed yachting for many years. From her layout which includes six staterooms and a tender garage—allowing for an oversized sundeck compete with…
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.
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.
Trinity Yachts Reopens Industrial Canal France Road Facility
Trinity Yachts, has recently re-opened their original shipyard, located on the Industrial Canal in the Eastern section of New Orleans, Louisiana. The 38 acre yard with almost 10 acres of covered building area suffered badly from the effects of the hurricane water and almost 70% of the work force lost their homes. After partial power, rudimentary communications and general infrastructure returned to the yard and using many local employees to continue the clean-up and repairs, Trinity officially re-opened its doors on July 5th. Fortunately because the New Orleans shipyard is above sea level and located outside of New Orleans levee system, it was not exposed to the weeks of flooding most of the city endured.
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.
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.
New Horizon Splashes at Trinity Yachts
Largest American Built Superyacht to Launch in 2011. Trinity Yachts is pleased to announce that its largest custom superyacht to date—and the largest American built yacht in 2011—the 242’ (73.8m) six-deck, full displacement steel hull, New Horizon, launched in mid November 2011. The epitome of the design, naval architecture and engineering that Trinity Yachts incorporates in each meticulously custom superyacht built, New Horizon caps a remarkable year for the U.S. builder. Trinity remains the top U.S.
Trinity Yachts of Gulfport & New Orleans christens superyachts Zoom Zoom Zoom and Lady Florence at F
Trinity Yachts will Christen their two recent deliveries of M/Y Zoom Zoom Zoom with the exterior design by Geoff van Aller and M/Y Lady Florence at the exclusive Showboats International Rendezvous located on Fisher Island , FL. this November.
Billy Smith Rejoins Trinity Yachts
William S. Smith III (Billy) has been named Chief Operating Officer (COO) of Trinity Yachts effective immediately. The announcement was made today by Shane Guidry, president and CEO of Harvey Gulf International Marine. Smith previously served as vice president of sales and marketing at Trinity Yachts and Gulf Coast Shipyard Group (GCSG), a position which was eliminated upon the purchase of the companies by Harvey Gulf on June 25, 2015. Smith is a founding member and current board member of the Superyacht Builders Association (SYBAss)…
Trinity Yachts: The Year in Review, The Year Ahead
In a global economic climate which might merely be described as awkwardly viable, Trinity Yachts continues to set a remarkable pace in custom superyachts launched and delivered in 2011 with great expectations for launches and deliveries in 2012. In 2011, Trinity delivered the 191’ (58m) M/Y Carpe Diem and 164’ (50m) M/Y Falcon; and launched the 198’ (60m) M/Y Areti, 187’ (58m) M/Y Lady Linda, and the 242’ (73m) M/Y New Horizon. The latter three yachts will be delivered in 2012. In early January 2012, Trinity Yachts launched the 164’ (50m) M/Y Tsumat which also has an expected 2012 delivery.
Feature: A Major Force in Megayachts
There are a few top executives in the marine industry who "know when to hold them and when to fold them." Their insightfulness is legendary … always seeming to know the exact time to make a move professionally or personally. One of those people is John Dane III, president of Trinity Yachts LLC of New Orleans. Dane has a long and storied background in the marine industry, first as a engineer with Halter Marine, later as owner of Moss Point Marine, which was sold to Halter at which time Dane became president. When rig maker Friede Goldman purchased Halter, Dane became president but instinctively knew this was going to be a rough road.
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.
Trinity Marine Products Appoint Executives
Trinity Marine Products, Inc., a subsidiary of Trinity Industries, Inc. Tom Faherty has been promoted to President of Trinity Marine Products, replacing Paul Mauer, now Chief Operations Officer for TrinityRail. He has held a number of positions within Trinity Marine Products. Most recently, serving as Vice President and General Manager of the tank barge product line. He brings 36 years of experience and knowledge in the marine industry to his new leadership role. Stephen Sheridan has been promoted to Executive Vice President and Chief Commercial Officer of Trinity Marine Products. He has 37 years of industry experience in a variety of executive leadership positions. In his new role, Mr. Sheridan will focus on enhancing Trinity Marine’s commercial relationships.
Mine Games Under Construction at Trinity
Trinity announced recently, they are well under-construction with a 164ft., 28ft. beam, aluminum tri-deck motoryacht to be named Mine Games. Designed and built by Trinity Yachts, she will have an interior design by Patrick Knowles, who is designing four of the 18 superyachts presently underconstruction at Trinity. M/Y Mine Games will debut with a very highly finished custom traditional interior, featuring raised paneling in American Cherry, Maple Burl and Figured Bubinga with a classic and understated hand polished finish. Some of the many unique details are hand forged black iron railings with gold accents, intricate marble medallions at the aft salon entry and under the dining salon table along with many other stunning stone elements throughout her interior.
Trinity Yachts Delivers the 157 ft. Tri-Deck
Trinity Yachts has delivered the 157 ft. (47.9m) tri-deck motoryacht Lady Linda. After completing her sea trials, the Lady Linda, with its deep blue hull and white superstructure, left for the Bahamas for several weeks of cruising with the new owners. Designed and built by Trinity Yachts, the exterior styling includes vertical pilothouse windows, copious exterior deck space and a design emphasizing the wishes of the owners for a yacht that truly incorporates their ideas of style, elegance and performance. This 157 ft. x 28 ft. (47.9m x 8.5m) motoryacht is powered by two (2) Caterpillar 3512 B rated marine engines at 2,250hp each at 1925 rpm and encased in a heavily insulated engine room. The yacht will be capable of a maximum speed of over 20.5 knots at trial load and a cruise of 18 knots.
Trinity Sets New Headquarters in Baton Rouge
Trinity Yachts announced it is opening a new administrative headquarters in Baton Rouge, Louisiana after hurricane Katrina blew through New Orleans, La. and shut down the city. According to Felix Sabates, CEO, “Our hearts and prayers go out to our family of employees at Trinity and to all the people of New Orleans and our neighboring areas affected by Katrina. We are doing everything in our power to bring a sense of normalcy back to our employees and we will be back on line very shortly. To help facilitate things, we are setting up a new administration headquarters in Baton Rouge, Louisiana. Trinity Yachts, the largest builder of superyachts in the USA, employs over 500 people at their 40 acre factory based in the Eastern section of New Orleans.
Trinity Marine Products Announces New Executive Vice President
Trinity Industries, Inc. today announced Robert P. Herre has been named Executive Vice President of Trinity Marine Products, Inc., a subsidiary of Trinity Industries, Inc. Herre is a 25-year veteran of both the marine and inland shipbuilding industries, trained and experienced in engineering, operations and general management. Most recently, Herre served as President and Chief Operating Officer of Jeffboat LLC, a subsidiary of American Commercial Lines, LLC. "I'm extremely pleased to have someone of Bob's caliber joining the company," said Paul Mauer, President of Trinity Marine. "His background and experience enhance our existing management team, providing a unique perspective from within the industry.
Trinity Industries, Quarterly Dividend
Trinity Industries, Inc. (NYSE: TRN) on March 3, declared a quarterly dividend of 8 cents per share on its $1.00 par value common stock. The quarterly cash dividend, Trinity's 180th consecutive, is payable April 30, 2009 to stockholders of record on April 15, 2009. Trinity Industries, Inc., headquartered in Dallas, Texas, is a multi-industry company that owns a variety of market-leading businesses which provide products and services to the industrial, energy, transportation, and construction sectors. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. (www.trin.net)
Trinity’s 191-ft Carp Diem 191-ft Delivered
Trinity’s newest superyacht, the 19-ft tri-deck motoryacht Carpe Diem, has delivered to her owner, a repeat Trinity client. Featuring a 33-ft beam — the second hull in the new series — Carpe Diem’s exterior styling represents a new design for the acclaimed builder, one which keeps the promise Trinity delivers to all clients: to build a yacht as specified by her owner. From her Trinity-designed naval architecture and styling and her interior design by Carol Williamson & Associates (CW+A) — to her large sky lounge and swim platform and customized “tenders and toys” for outdoors enjoyment…
Big Easy puts owner in the Driver’s Seat
This 126-ft. Raised Pilothouse Trinity Yacht, described by these specifications, is a world-class, semi-displacement 17-knot cruise design with a luxurious interior. The yacht is designed with three (3) guest staterooms and a large owner's stateroom located aft of the guest staterooms. Three (3) guest staterooms are centrally located below the main deck and the full beam master stateroom. There are also three (3) spacious captain, crew and engineer's staterooms suitable to accommodate a crew of six (6). This yacht has an elegant cherry wood interior throughout the Owner's spaces. A detailed description of the interior is available upon request. This yacht is designed for world-wide cruising with transatlantic range.