Harvey Gulf gets $100 million charter for newbuild

Harvey Gulf Feb11FEBRUARY 11, 2013 — New Orleans headquartered Harvey Gulf International Marine LLC reports that it has signed a $100 million four year charter with DOF Subsea for its 310 ft multipurpose construction vessel Harvey Deep Sea. The vessel is presently under construction at Eastern Shipbuilding in Panama City, Florida. When completed this summer, the U.S. flag, Jones act compliant vessel, with its NOV AHC 165 ton crane, will be capable of delivering 100 tons of cargo to a 10,000 feet water depth.

In another development, Harvey Gulf said that it has now signed an agreement with Bollinger Shipyards to stretch five of its recently acquired OSV's from 230 feet to 270 feet in length, increasing their deck space to 10,000 square feet and cargo capacities to 10,000 barrels of liquid mud plus 10,000 cubic feet of dry bulk.

Harvey Gulf founder and CEO, Shane Guidry, commented "I am excited to not only expand our fleet and vessel capacities, but also keep this work and these jobs right here in Louisiana."

With the new contracts, Harvey Gulf will have vessels under construction or conversion at four different shipyards two in Louisiana, one in Florida and one in Mississippi.

The OSV stretches are not the only deal Harvey Gulf has agreed with Bollinger. It has also entered into an agreement to sell Bollinger one of its two dry docks, measuring 320 ft x 120 ft x 12 ft, with 9,000 long tons lifting ca

And in yet another development, Harvey Gulf also reports that it has signed a $100 million dollar for a four year charter with DOF Subsea for its 310 ft multipurpose construction vessel Harvey Deep Sea. The vessel is presently under construction at Eastern Shipbuilding in Panama City, Florida. When completed this summer, the U.S. flag, Jones act compliant vessel, with its NOV AHC 165 ton crane, will be capable of delivering 100 tons of cargo to a 10,000 feet water depth.

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