Marine Log

June 20, 2006

Harvey Gulf leases Port of Fourchon property

Shane J. Guidry, President and CEO of Harvey Gulf International Marine, Inc., says the company has completed the leasing of property in the Port of Fourchon, Louisiana, for the support of operations in the deep waters and the shelf of the U.S. Gulf of Mexico.

Harvey Gulf plans to upgrade the existing property to support its fleet of offshore towing, supply and diving vessels with Dynamic Positioning Capability.

This property will also be capable of supporting other operators in the U.S. Gulf of Mexico.

These upgrades are scheduled to be completed by November 2006, and include 1,500 ft of steel bulkhead water front.