HORNBECK-LEEVAC Marine Services, Inc. announced that it has changed its name to Hornbeck Offshore Services, Inc. The new corporate name was approved at the company's recent annual meeting of stockholders. The name of the tug and tank barge owning subsidiary, LEEVAC Marine, LLC, has also been changed to Hornbeck Offshore Transportation, LLC. The name changes are effective immediately. Todd M. Hornbeck, President and CEO remarked, "These name changes will allow us to operate under a common identity across each of our operating divisions and facilitate the markets' identification with each of our services under one name and one logo. In addition, this should address any confusion to our customers, vendors, and investors regarding the similarity in name of one of our shipyard vendors, LEEVAC Industries, LLC."
Hornbeck-Leevac Marine Services, Inc. announced that it has completed the purchase of all of its outstanding warrants for an aggregate purchase price of $14.5 million. The repurchase of the warrants was financed through the successful offering of $14.6 million of the Company's common stock. In addition, the Company announced that Jesse E. "Jempy" Neyman, Vice-President of Enron Principal Investments and board designee of the warrantholders
While it would be foolhardy to classify Leevac as a cutting-edge ship and boatbuilder, the Jennings, La.-based company quietly goes about its business of building high quality vessels in an efficient manner. Unassuming president Fred Stokes sits at the helm of the company that has weathered markets good and bad, and watched as competitors and colleagues have been oftentimes swept overboard by financial maelstroms.
Leevac Industries, LLC of Jennings, La., won a $40 million contract from PNK (Lake Charles), LLC for the construction of a 330 x 225 x 13-ft. (100.5 x 68.5 x 3.9 m) Paddlewheel Casino Vessel. Lay, Pittman and Associates, Inc. of Jacksonville, Fla., are the naval architects. The casino vessel will hold more than 1,500 slot machines and 60 table games and will be moored in Lake Charles, La. This vessel will be the largest riverboat casino built in the State of Louisiana.
LEEVAC Shipyards Jennings LLC, Jennings, LA, announced it has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. The LDS 300 DE PSV will have a deadweight capacity of 5400 LTs and will carry more than 17,600 barrels of liquid mud
LEEVAC Shipyards, LLC recently delivered the first of two Z-Tech 2400 harbor tug boats, the Chloe K to Bay-Houston Towing Co. TheChloe K was constructed at LEEVAC Shipyard Jennings, LLC and was later transported, via one of LEEVAC’s own dry-docks, to LEEVAC Shipyard Lake Charles, LLC facility where the Chloe Kreceived her final outfitting, commissioning, and testing. “This is the first tug that LEEVAC Shipyards, LLC has built in many years
On March 16, 2003, Hornbeck Offshore Services (HOS) took delivery of the HOS Bluewater from LEEVAC Industries LLC. The vessel was delivered to Hornbeck Offshore two weeks ahead of schedule and immediately began a term charter for an unnamed operator. The HOS Bluewater is the first of four deepwater OSV's that will be delivered to Hornbeck Offshore by year's end. Designed by and built for Hornbeck Offshore Services, LLC, the HOS BLUEWATER is the company's seventh DP-2 vessel.
Although this has been considered an off year in the Gulf of Mexico from rig count and fleet utilization standpoints, it is another record year for major offshore operators expanding their fleets and the shipyards that are building these vessels. Last year, over 50 supply boats were delivered and about an equal number of crew/supply vessels made their way into the fleets of operators. This year looks equally robust as vessels are being ordered in quantities of four, six and even 10.
Bay-Houston Towing Co. announced it has taken delivery of the first Z Tech 2400 tugboat, the Chloe K, designed by Robert Allan Ltd. of Vancouver, and built by Leevac Shipyards LLC of Jennings, La. The Z Tech 2400 tugs are a smaller version of the Z Tech 7500 tugs that are already in Bay-Houston Towing Co.’s fleet. While they are smaller, they have enormous power for their size. Like their larger cousins, the new design offers all the advantages of the Z Tech design:
The offshore market continues to be a significant driver for marine innovation, as vessels and their operators are critical factors to ensure that offshore operations – increasingly conducted in deeper, more hostile waters further from shore – are conducted in a safe and efficient manner. Here Maritime Reporter examines some notable recent designs, developments and deliveries. Eastern Shipbuilding Group, which has been extremely busy of late in the offshore sector
The Company: Sea School prides itself on remaining ahead of the competition with over 36 years experience in dealing with Coast Guard Licensing, Regulations, and Maritime Education. The school employs U.S. Coast Guard approved instructors with extensive knowledge and experience in commercial
Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four new positions to its executive team in 2016. Taking up the new executive positions are Ian Edward Ross, Don Keirce
The International Windship Association (IWSA) will host its annual Wind Propulsion Innovation Forum at SMM2016 in Hamburg, including an extensive agenda with expert speakers and panelists that aim to provoke discussion and debate about wind propulsion as key to the future of sustainable
The Company: Klüber Lubrication is one of the world’s leading manufacturers of specialty lubricants, offering high-end tribological solutions to virtually all industries and markets worldwide. Most products are developed and made to specific customer requirements
On July 29, 2016, Eastern Shipbuilding Group, Inc. delivered Oceanus (Hull# 240), the third in series of four identical Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs built for Suderman & Young Towing Company at Eastern’s Nelson Street facility.
The Company: Dometic develops products that make life on the water more comfortable and productive. An engineering leader of innovative products for the global marine industry with the largest worldwide sales and service network, products include air conditioning, ventilation, air purification
Norsafe, a leader in marine life-saving equipment, will be showing its world record breaking freefall lifeboat at the Offshore Northern Seas (ONS) show in Stavanger, August 29, to September 1, 2016. The GES 50 MKIII broke the world record on June 25
The Company: A wheelhouse favorite for generations, Baker, Lyman & Co. is the oldest NOAA & Admiralty Chart Agent in the United States. Baker Lyman has been provisioning vessels with nautical charts, electronic charting systems, publications, safety/educational materials
Singaporean rig builder Sembcorp Marine Ltd said it had agreed to buy the 15 percent of PPL Shipyard Pte Ltd it did not already own for about $115 million from PPL Holdings Pte Ltd and E-Interface Holdings Ltd. "This will enable the company to optimally manage the businesses
Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy
Though most visible to the general public for its work at America’s airports, the U.S. Transportation Security Administration (TSA) also helps to secure the country’s transportation network in a number of other ways, including assisting the U.S
For decades, Hamburg-based Hoppe Marine has produced onboard measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be present itself as a data integrator on vessels as a precondition for Smart Shipping and Big Data.
The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund part of a $7 million expansion of auto handling facilities in the Rivergate Industrial District near Terminal 6
A fisheries research vessel operated by the South Carolina Department of Natural Resources (SCDNR), was recently repowered with new eco-friendly fuel-efficient engines from Volvo Penta. The vessel R/V Palmetto underwent an overhaul at the Metal Trades shipyard near Charleston, S.C
Kohler Power Systems, manufacturer of diesel and gasoline marine generators for pleasure and commercial craft applications, announced the availability of its new single- and three-phase Tier 3 marine diesel generators. The company’s 14-24EKOZD/12-20