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.
Tank Barge Launched for 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.
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.
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.
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.
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.
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.