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Trinity Yachts acquired by Harvey Gulf International Marine

On 25 June, Harvey Gulf International Marine, a company specialising in marine transportation, acquired Trinity Yachts and Gulf Coast Shipyard, with the creation of affiliate company Harvey Shipyard Group, managing all shipbuilding assets.…

Trinity Yachts has been acquired by Harvey Gulf International Marine, which has also acquired all affiliated commercial vessel companies, including Gulf Coast Shipyard in Gulfport Mississippi, it was announced on 25 June.

According to local news reports, Harvey Gulf will be investing $350 million to build its new fleet and it will become the country's only builder, owner and operator of both diesel and liquefied natural gas offshore supply vessels. The company has created a shipbuilding affiliate called Harvey Shipyard Group, which will manage its shipbuilding assets including Trinity Yachts.

SuperyachtNews.com contacted Trinity yards' Stuart McClure, and although no official statements will be given at this time, he said he was "very optimistic at Trinity's long term future", and he will be staying on at the yard and operations will continue in the larger end of the yacht market.



In issue 163, The Superyacht Report analysed the state of the US new build market. Trinity is the latest example of this foray of restructuring activity, which will hopefully pull the yard back from its 2014 drought.

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Trinity Yachts acquired by Harvey Gulf International Marine

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