Harvey Gulf buys Bee Mar vessels and assets

beemarJUNE 7, 2012 — Harvey Gulf International Marine's CEO Shane Guidry reports that, on June 4, 2012, New Orleans headquartered Harvey Gulf signed an agreement with Bee Mar, LLC to purchase all of Bee Mar's vessels and assets. The purchase will include 10 offshore supply vessels, which will increase Harvey Gulf's fleet to a total of 32 vessels – with 24 deepwater, new generation offshore support vessels and 8 deepwater towing vessels. Upon closing, Harvey Gulf will have operations in the U.S. Gulf of Mexico, Alaska, Mozambique Africa, Israel and Saudi Arabia.

Bee Mar was established in 2009 to operate two classes of DP-2 platform supply vessels built in sister-ship series at Bollinger Shipyards in Louisiana. The cargo-carrying capability aboard these vessels is comparable to those of much larger vessels currently operating in the global offshore services market.

Five of the vessels are 210 ft Busy Bee class vessels providing 2,700 LT of cargo-carrying capability,150 ft x 47 ft clear deck / 1,700 LT of deck cargo, 6,300 bbl of liquid mud capacity and 6,000 cubic feet of bulk cargo capacity

Five are 234 ft Bumble Bee class vessels providing 3,000 LT of cargo-carrying capability, 175 ft x 47 ft clear deck / 2,000 LT of deck cargo, 9,000 bbl of liquid mud capacity and 6,000 cubic feet of bulk cargo capacity

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