Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— announced today its expansion by signing a three-year lease with one-year options with the Port of Gulfport. Specifically, Gulf Coast Shipyard Group will use 400 linear feet of dock space on the Port’s East Pier and 15,000 square feet of warehouse space to outfit the dual fuel liquefied natural gas (LNG) powered vessels it is building for Harvey Gulf International Marine.
John Dane III, president of Gulf Coast Shipyard Group said, “We are pleased to work with the Port of Gulfport and grow our business in Mississippi. We’ve worked together in the past on a smaller scale and look forward to this expanded relationship.”
In March, Trinity Yachts and TY Offshore announced the formation of the Gulf Coast Shipyard Group along with its new investment partner, Littlejohn & Co., a multi-billion dollar private equity firm based in Greenwich, CT. The Company will also operates International Yacht Collection (IYC), a wholly owned yacht brokerage unit.