Hornbeck Offshore Services, Inc. announced today that it has entered into a definitive asset purchase agreement with Superior Offshore International, Inc, a subsea construction and commercial diving services company, to acquire the Superior Achiever, a T-22 class DP-3 new generation multi-purpose support vessel and related owner-furnished equipment, currently under construction at Merwede Shipyard in Holland with an anticipated fourth quarter 2008 delivery. Merwede Shipyard is also building for Hornbeck the HOS Iron Horse, a T-22 class DP-3 MPSV of the same design, with an expected fourth quarter 2009 delivery. With the pending acquisition of the Superior Achiever, the Company's MPSV program now consists of four vessels. The closing with Superior is subject to customary conditions, including third party consents, and is expected to occur on or before January 21, 2008. Hornbeck has also agreed to a five-year time charter with Superior for the Superior Achiever or another acceptable vessel at a dayrate commensurate with the Company's target investment parameters. Superior will have the option to terminate the charter with 90-days' advance notice at the end of each sequential six-month period within the term. The definitive agreement also provides that Hornbeck and Superior will agree to negotiate in good faith toward the establishment of a non-exclusive joint marketing and cooperation agreement and that the parties will endeavor to seek mutually beneficial business
Superior Energy Services Inc. (NYSE: SPN) announces it has opened a new location in Singapore to serve as a base of operations for Superior Energy Services’ Marine Division, HB Rentals and Premier Oilfield Rentals and to be a resource for any Superior employee traveling through the region. This development is in line with Superior’s commitment to the development of international markets.
Superior Offshore International, Inc. a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, has named Patrice Chemin as its Chief Operating Officer, or COO, effective immediately. With over 35 years of oilfield-related and international marine construction experience, Chemin is a tremendous addition to Superior Offshore International’s executive management team.
Frost & Sullivan has named Vacon 10, Vacon's new micro drive, the 2008 Product of the Year for OEMs (original equipment manufacturers) in the micro drives domain. The Frost & Sullivan Award for Product of the Year is presented each year to the product that has demonstrated superior performance, features and is competitively priced. The 2008 Frost & Sullivan Award for Product of the Year for OEMs in the micro drives (up to 5
Accommodations specialist, HB Rentals, a Superior Energy Services company, has named Clayton George Technical Division Manager, announced President Deidre Toups. In this role, George will manage project teams for the design of modular offshore living quarters and will be based in the company’s Broussard, La., office. George has extensive industry experience in project management and previously served in this capacity for DPS Delta; Berard
Fluid-handling specialist Hamworthy has signed a contract with marine equipment purchaser Hua Hai Engineering & Equipment Co., Ltd to deliver pump room systems for installation on four very large crude carriers (VLCCs) to be constructed in China. The ships, which will be built for CSC Nanjing Tanker Co., Ltd (NJTC) at Guangzhou Longxue Shipbuilding Co., Ltd, follow on from 10 previous VLCCs contracted by the same owner at Jiangnan Shipyard and Bohai Shipyard
Port of Duluth-Superior citizens once again greeted German cruise vessel Columbus as the vessel made its fourth call on the port. The vessel spent a full day in the community of boat lovers, even though federal regulations prohibit public tours. Columbus' trips here are a result of continuing efforts by port and City officials to revive major cruise ship operations on the Great Lakes and bring them to Duluth-Superior.
Parker Drilling Company and Superior Energy Services, Inc., have jointly agreed to terminate their merger agreement, in which Parker was to acquire Superior in an exchange of stock. In connection with the termination, Superior will make a cash payment to Parker in settlement of certain obligations under the merger agreement. Superior, in Harvey, La., provides oilfield tool rentals, well plug and abandonment services
Offshore accommodation specialist HB Rentals, a Superior Energy Services company, has secured another new deal to supply a high-specification engineering cabin to Expro Group in Malaysia. HB Rentals’ regional hub in Singapore, which is undertaking a major fleet development program, delivered the 20 x 8 ft. engineering cabin to the Expro Group to provide a safe environment for technicians working on the Harvey H. Ward jack-up drilling rig.
Superior Energy Services’ Marine Services Division will christen its new 175-ft class liftboat, the Superior Future, on Friday, June 27 at Marine Industrial Fabrication at Connie Babin, ’s Marine Services Division traffic coordinator, will perform the christening. The Superior Future has modern features, technology and design unique to its class including a 100-ton, 100-ft boom crane more commonly seen on larger vessels and a larger working deck and deckload
Following recent reports in the media regarding the use of Emergency Position Indicating Radio Beacons (EPIRBs) the Department of Transport, Tourism & Sport wishes to clarify the position regarding the approval and use of EPIRBs in Ireland.
Water in oil lubricated systems is undesirable. In a perfect installation, there would be no seal damage or water ingress, but vessel owners encounter this all the time. Panolin's Stella Maris stern tube lubricant is based on 100% saturated synthetic ester technology with the most effective
Bureau Veritas has awarded certification to Statoil for meeting the Safety and Environmental Management Systems (SEMS) protocols developed by the Center for Offshore Safety (COS), an enhanced set of requirements in the offshore oil and gas industry.
Commitment Class Jones-Act Ships to Offer Lower Emissions; Increased Speed, Reliability and Capacity, and Optimized Vehicle Shipping Decks. The next chapter in Crowley’s storied history of shipping and logistics services between the United States mainland and Puerto Rico will be written
Monico Monitoring, Inc., a company in the industrial monitoring and control solutions market, formed a strategic alliance with CMR Group, a manufacturer of industrial engine controls, wiring harnesses and electrical management systems. The move will see the companies working closer together on
TCV Stevedoring Company S.A., the container terminal in Valencia belonging to Grup TCB, reinforces its commitment to its environmental policy. In line with its environmental management system, EMAS, it has recently purchased and implemented the first STS Super Post Panamax crane in the world
Gyro stabilization system manufacturer Seakeeper appointed Kevin Zervas as global service manager. The announcement was made by Seakeeper’s COO, John Kermet. Zervas has 20 years of marine industry experience in management and service positions
All four of the super post-Panamax ship-to-shore cranes that arrived at the Port of Savannah in June are now fully operational at Georgia Ports Authority’s Garden City Terminal. The cranes arrived on a specialized vessel June 5. After the cranes were offloaded
Shipments of coal on the Great Lakes totaled 2.7 million tons in September, a decrease of 13% from a year ago and the preceding month. Shipments from Lake Superior ports totaled 1.6 million tons, a decrease of 13.5% compared to a year ago
Superior Energy Services has been named one of Houston’s 2013 Top Workplaces by the Houston Chronicle for the second year in a row, announced David Dunlap, Superior Energy Services’ President and CEO. The list honors 150 workplaces in the Houston area ranging from small companies
Shipments of coal on the Great Lakes totaled 2.8 million tons in October, an increase of 92,000 tons compared to a year ago. Shipments were up 135,000 tons compared to September. Shipments from Lake Superior ports totaled 1.7 million tons, a slight increase (54,000 tons) compared to a year ago
The St. Lawrence Seaway reported that year-to-date total cargo shipments for the period March 22 to October 31 were 28 million metric tons, down 7% over the same period in 2012. With only two months left in the shipping season, U.S. ports are hustling to move as much cargo as possible.
U.S. Coast Guard units assigned to Coast Guard Sector Sault Ste. Marie, Mich., are using alternative methods to monitor marine radio frequencies for possible mariners in distress during extended outages throughout the region. Due to recent storm damage
U.S. Coast Guard Sector Sault Ste. Marie, Mich., said it regained normal communications capabilities in the northern Great Lakes region Tuesday, following outages throughout the region as a result of storms. Restored communication capabilities include Rescue 21 coverage throughout northern Lake
Brunswick Commercial and Government Products recently introduced a new full cabin version of its popular 1200 Impact RHIB. Just shy of 40” in length with a 10'8" beam, the 1200 features a deep-V fiberglass hull for superior offshore performance and a commercial grade inflatable