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.
Hornbeck Offshore Services Inc. of Mandeville La. delivered its first Classed DP II PSV, HOS Innovator, for service. Leevac Industries of Jennings, La. constructed the vessel to Hornbeck's design. Upon delivery, the vessel began a three-year charter with Sonsub Inc. of Houston, Texas as a multi functional ROV Support Vessel. Measuring 240 x 54 x 18 ft. (73.1 x 16.4 x 5.4 m), this vessel is the first of six DP II classed vessels to be delivered to Hornbeck Offshore during the next eight
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:
EPA is announcing the availability of $4 million in grant funding to establish clean diesel projects aimed at reducing emissions from marine and inland water ports, many of which are in areas that face environmental justice challenges. “Ports are essential to the nation’s economy
The crew of Coast Guard Station Hobucken, N.C., received a 45-foot Response Boat - Medium Thursday, the 144th of 170 RB-Ms being delivered to the service. The RB-M replaces the 41-foot Utility Boat, which has been the Coast Guard's workhorse of the fleet for more than 25 years.
The ports of Seattle, Tacoma and Metro Vancouver, Canada, aim to cut diesel emissions by 75 percent per ton of cargo moved by 2015 and 80 percent by 2020, from a 2005 baseline. Factoring in projected cargo growth, this will result in overall reductions of 70 percent by 2015 and 75 percent by 2020
Wisdom Marine is one of the largest bulk ship owners in Taiwan with a market capitalisation of US$490-million, which represents the largest Asian IPO by market capitalisation in London to date in 2013, say law firm Proskauer . It is also the first company in the region to issue GDRs on
Bristol Harbor Group, Inc. (BHGI) was awarded a task order for an Alternative Fuel (LNG/CNG) Initiative through its Indefinite Delivery Indefinite Quantity (IDIQ) Naval Architecture and Marine Engineering contract with the U.S. Army Corps of Engineers (USACE) Marine Design Center (MDC).
Crowley Maritime Corporation awarded two Thomas B. Crowley Sr. Memorial scholarships to United States Merchant Marine Academy (USMMA) cadets Christopher Anthony and Thomas Treat during the 2013 Containerization and Intermodal Institute’s Connie Awards luncheon in Newark, N.J. yesterday
Hamburg-based Hybrid Port Energy GmbH, has awarded a building contract to Shipbuilding and Machinery of Komárno, Slovakia to build the world’s first LNG Hybrid Barge to supply low-emission electrical power to cruise ships in port.
BMT Designers & Planners (BMT), a subsidiary of BMT Group Ltd., an international design, engineering and risk management consultancy, appointed Ralph Duncan as Vice President of Business Development. A University of New Mexico, Naval Postgraduate School and Stanford University graduate
Trelleborg is expanding the docking and mooring service of its marine systems operation as part of an ongoing commitment to better serving its global customer base through local presence. In an effort to make certain that all customers have access to the same high quality support
Nothing stirs the maritime pot like new regulation, and coming soon to you (in less than a month) is the new iteration of the Vessel General Permit (VGP). The VGP applies to vessels operating in a capacity as a means of transportation, that have discharges incidental to their normal operations
Frederikshavn Harbour and Nordic Marine Oil have entered a strategic agreement to establish a tank farm at the port of Frederikshavn with at least 20,000 cubic meters with the possibility of further extension. The tank system to be used as storage of fuel for ships in the port of Frederikshavn
Volvo Penta of the Americas today announced the appointment of Scotts Marine of Grand Cayman and Pirate Marine Hardware of Cozumel as full-line sales and service dealers. Founded in 1985, Scotts Marine is a full-service marine center, offering a comprehensive range of boats, motors, trailers
PPG Industries’ new operation in Greece has conducted its first-ever customer training initiative, with 55 customers from 25 Greek shipping companies attending the one-day event last month. Held at the new facility in Acharnai - Athens
Registration for the largest-ever Oceanology International (ExCeL London, March 11-13, 2014) is now open at oceanologyinternational.com. With 520 exhibitors from 35 countries taking up over 8,000 m2 net of space, the biennial global forum is where industry
Willard Marine, a 56-year-old builder of composite and aluminum boats, has received a contract to supply 42 rescue boats for U.S. Army supply ships and landing craft. Under the contract, awarded by the U.S. Army Contracting Command in Warren, Michigan, Willard Marine will deliver 16-ft