Gulf Stream Diving and Salvage

What Gulf Stream Diving and Salvage does

Gulf Stream Diving and Salvage is a commercial diving services company headquartered in Belle Chasse, Louisiana, established in 2016. The company provides underwater intervention services across three primary verticals: offshore oil and gas in the Gulf of Mexico (platform inspection Levels I/II/III, pipeline burial/repair/construction, platform removal and P&A support, underwater burning and welding, drilling rig support); riverboat casino vessel maintenance in the New Orleans area (bow thruster replacement, USCG hull surveys, keel cooler service, hull cleaning); and inland industrial plant services (chemical, power, and paper mill intake system maintenance, zebra mussel removal, traveling water screen repair, hydraulic dredging, sediment removal). Its core operational asset is the DMS Hustler, a 50x26 self-propelled spud barge with a 10,000 lb. crane and configurable underwater cutting, welding, and hydraulic equipment, supported by a dive team with over 60 years of combined experience.

The company operates a project-based, quote-driven professional services model with revenue derived entirely from custom contracts. Pricing varies by scope, equipment needs, and timeline with no standardized tiers, and the company emphasizes one-on-one customer relationships and shortest-in-industry call-out times as competitive differentiators. Go-to-market is direct sales to enterprise customers in offshore energy, hospitality (casino), and heavy industrial sectors, with no channel intermediaries or resellers. Marketing channels are limited to the company website, Facebook, a LinkedIn profile for President Jon Gibson, and direct phone inquiries.

Safety and compliance infrastructure is a foundational requirement of the business. The company maintains qualifications and reporting across ISNetworld, PEC Safety, Veriforce, OQSG, and DISA Global Solutions, and holds memberships in the Association of Diving Contractors International (ADCI), the Association of Commercial Diving Educators (ACDE), the Diving Safety Work Group (DSWG), and the American Bureau of Shipping (ABS). The company reports 100+ jobsites completed around the Gulf Coast and 50+ customer and industry affiliations, and claims to be one of the fastest-growing dive service companies in the Gulf Coast region.

Name

Gulf Stream Diving and Salvage

Legal name

Gulf Stream Diving and Salvage

Website

https://gulfstreamds.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Gulf Stream Diving and Salvage is a Belle Chasse, Louisiana-based commercial diving company founded in 2016, providing underwater inspection, welding, salvage, and maintenance services for offshore oil and gas operators, riverboat casinos, and industrial plants across the Gulf Coast region.

Ownership category

akta.pro rank

Product category

Commercial Diving Services

NAICS

Support Activities for Water Transportation (4883), Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Underwater Salvage & Diving Operations (UWILD, Cutting, Welding) (IMAJANAD)

akta.pro secondary industries

Underwater Hull Services (Diving, In-Water Cleaning, Propeller Polishing, Inspection) (TLAHAMAL), Asset Recovery & Decommissioning (Derelict Vessels, Abandoned Property) (IMAJANAI), Underwater Hull Inspection, Cleaning & Propeller Services (TLAKAKAJ)

Keywords

• Commercial diving services
• Offshore diving support
• Underwater inspection services
• Marine salvage operations
• Underwater welding repair

Headquarters

HQ city

Belle Chasse

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Commercial Diving Services: Project-based commercial diving services including offshore support, casino vessel maintenance, inland salvage, and industrial plant services. Revenue derived from contracted project work with custom pricing based on scope, duration, and equipment needs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gulf Stream Diving and Salvage is a commercial diving services company that delivers underwater intervention work for offshore oil and gas operators (platform inspection, pipeline burial/repair, underwater welding and burning, salvage, drilling rig support), riverboat casinos (bow thruster change outs, hull cleaning, U.S.C.G. hull surveys, keel cooler service), and industrial plants (chemical and power plant intake systems, paper mill services, zebra mussel removal, hydraulic dredging). Services are delivered by company dive teams using the DMS Hustler self-propelled spud barge and related equipment, with custom project solutions tailored to client timeframe, scope, and budget.

Product overview

Gulf Stream Diving and Salvage is a commercial diving services company offering a unified portfolio of specialized underwater services across three primary segments: Offshore Diving (platform inspections, pipeline work, salvage, underwater welding for Gulf of Mexico operations), Casino Diving (hull maintenance, thruster replacements, U.S.C.G. surveys for riverboat casinos), and Inland Diving (salvage, industrial plant maintenance, zebra mussel removal, hydraulic dredging for waterways and facilities). The company operates the DMS Hustler spud barge as its primary equipment asset and provides emergency repair and maintenance services for oil and gas exploration equipment. Services are delivered through custom project solutions tailored to client timeframes and budgets, with no formal productized software or technology platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Diving Services

Quantifiable outcome

• Shortest call-out times in the industry
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• ISNetworldcoreTechnology or IntegrationSafety and compliance reporting platform used by Gulf Stream Diving and Salvage for tracking workforce qualifications and safety training compliance. Critical for serving major oil and gas operators who require contractor safety verification.
• PEC SafetycoreTechnology or IntegrationSafety training and compliance platform utilized for personnel training records and safety certification tracking. Supports the company's safety management system.
• VeriforcecoreTechnology or IntegrationSafety and contractor qualification platform used for compliance reporting and workforce credentials verification for oil and gas industry customers.
• OQSG (Operator Qualification Specialist Group)coreTechnology or IntegrationOperator qualification software used for tracking and verifying personnel qualifications required for offshore and industrial operations.
• ADCI (Association of Diving Contractors International)coreOthersIndustry trade association for commercial diving contractors. Membership and adherence to ADCI standards demonstrates professional standards compliance.
• ACDE (Association of Commercial Diving Educators)minorOthersIndustry association for commercial diving education and training standards.
• DSWG (Diving Safety Work Group)minorOthersSafety working group focused on diving safety standards and best practices.
• DISA Global SolutionscoreTechnology or IntegrationGlobal workforce compliance and safety management solutions provider used for tracking contractor safety qualifications and drug testing compliance.
• ABS (American Bureau of Shipping)coreOthersClassification society providing maritime safety and regulatory standards certification. Relevant for casino vessel and offshore platform compliance inspections.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• T&T Salvage: Houston-based marine salvage and emergency response contractor serving the Gulf of Mexico and broader U.S. coastline. Directly comparable in salvage, wreck removal, and emergency towage/response work targeting offshore and industrial customers.
• Donjon Marine: Northeast U.S.-based marine salvage, dredging, and diving services provider serving ports, terminals, and offshore/industrial clients. Comparable core capability in commercial diving and emergency response, though primarily competing in different regional waterways.
• Bisso Marine: Houston-based commercial diving, salvage, and marine construction company with a long-standing Gulf of Mexico and inland waterway footprint. Directly comparable in core service lines (salvage, diving, marine construction) and customer base (offshore operators, petrochemical, government).
• SeaTrepid International: Offshore commercial diving and ROV services company serving Gulf of Mexico and international markets. Comparable in underwater intervention, inspection, and offshore support for energy and infrastructure clients.
• Global Diving & Salvage: Pacific Northwest-based commercial diving and marine salvage contractor serving ports, terminals, infrastructure, and offshore clients across North America. Directly comparable service mix (commercial diving, salvage, marine construction, inspection) and project-based commercial model.

Broad incumbents

• Caldive (acquired by Helix): Historical Gulf of Mexico commercial diving and shallow-water pipelay contractor, now part of Helix Energy Solutions. Closest historical direct competitor in Gulf diving work and remains relevant for benchmark purposes on scope and pricing.
• Subsea7 (Subsea 7): Global contractor delivering offshore projects (SURF, IMR, pipelay) for the offshore energy industry. Overlaps in Gulf of Mexico underwater intervention and offshore services but delivers integrated, large-capex project scopes rather than dive-only service.
• Oceaneering International: Global subsea engineering, ROV, and diving services provider serving offshore oil & gas, defense, and aerospace. Overlaps with Gulf Stream in underwater intervention and platform support but operates at much greater scale with a broader service portfolio and equipment fleet.
• Helix Energy Solutions Group: Houston-based offshore energy services company with well intervention, P&A, and subsea capabilities (including the former Cal Dive). Competes with Gulf Stream in Gulf of Mexico platform decommissioning and intervention work but operates its own well intervention vessels and robotics fleet.
• Orion Group Holdings: Public marine infrastructure contractor providing dredging, marine construction, and underwater services. Adjacent overlap through commercial diving and marine infrastructure, but operates at larger scale and broader service scope than Gulf Stream.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Gulf-Stream-Diving-Salvage-2294244960792979
• LinkedInlinkedin.com/company/gulf-stream-diving-and-salvage

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gulf Stream Diving and Salvage