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SUPERIOR EQUIPMENT

Hornbeck Offshore to Acquire Superior Achiever

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. Opens Singapore Office

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.


Vacon Receives Frost & Sullivan's Product of the Year Award

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


George Tech Div Manager at HB Rentals

Photo courtesy Foster Marketing Communications

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


Hamworthy Delivers Pumps for Four VLCCs

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


Caterpillar To Launch New CAT® CG137-8 Generator Set

CG137-8 Gas  Engine

Caterpillar Oil & Gas will unveil the new Cat CG137-8 natural gas generator set  at the Bismarck Civic Center in Bismarck, North Dakota during the 2014 Williston Basin Petroleum Conference  now in progress from May 20 – 22nd. The new Cat CG137-8 generator set provides 282 ekW (352 kVA), 60 Hz @ 1800 rpm of rated power, offering customers an additional power node to complement existing Cat power solutions in land production applications


Columbus Makes Fourth Call at Duluth

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 Terminates Deal

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


Superior Offshore International Names Patrice Chemin as COO

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.


HB Rentals' Delivers For Expro

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.


PPG Offers SIGMASHIELD 1200 Coating for Shipping

SIGMASHIELD 1200 coating for shipping in harsh environments -

  PPG Industries' protective and marine coatings business is fulfilling growing demand for "ice class" marine coatings for hull protection with SIGMASHIELD® 1200 coating. Developed from research conducted in PPG’s own facilities


Wärtsilä Expands Propulsion Monitoring Services

Process for gathering and analysing data with Wärtsilä Propulsion Condition Monitoring Service

Wärtsilä expanded its offering in propulsion monitoring services. The Wärtsilä Propulsion Condition Monitoring Service (PCMS), introduced to the market in 2010, will now feature expanded functionalities and is now available in two editions - PCMS Starter and PCMS Professional


MN 100: Ingram Barge Company

Orrin Ingram.jpg

4400 Harding Road Nashville, TN 37205-2290 Tel: (615) 298-8200   Email: Elizabeth@tsgnashville.com Website: www.ingrambarge.com CEO: Orrin H. Ingram The Company: Ingram Barge Company (IBCO) has been a quality marine transporter on America’s inland waterways since 1946


MN 100: Thordon Bearings Inc.

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3225 Mainway Burlington, State ON Canada L9C5J8 Tel: (905) 335-1440   Email: craigc@thordonbearings.com  Website: www.thordonbearings.com President & CEO: Terry McGowan The Company: Thordon Bearings Inc. designs and manufactures a complete range of polymer bearing


BSEE Conducts Oil Spill Response Equipment Review

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Earlier this week, BSEE's Oil Spill Response Division (OSRD) conducted an onsite review of oil spill response equipment listed in DCOR, LLC's Oil Spill Response Plan for platforms offshore Long Beach, Calif. The visit included verification of equipment and response vessels maintained by Marine


BHP Billiton Congratulates Women in Resources

  More diverse workforces are helping resource companies achieve superior performance, safety and stable production, says BHP Billiton’s Human Resource President, Mike Fraser. Mr Fraser delivered the keynote address at the inaugural Women in Resources Awards (WIRNA) in Brisbane


2 Well-intervention Vessels to Feature MacGregor's Access Equipment

well-intervention vessel

  MacGregor, part of Cargotec, has secured a contract from German shipyard Flensburger Schiffbau Gesellschaft (FSG) for the complete delivery of remotely operated vehicle (ROV) access doors and hatches for two well-intervention vessels (WIVs)


Cargotec's Kalmar Wins Order for Melbourne's Container Terminal

 Melbournes Container Terminal

  Kalmar, part of Cargotec, has won a significant contract to deliver container handling equipment and related automation technology worth of more than EUR 40 million to Port of Melbourne's new container terminal, operated by Victoria International Container Terminal Ltd (VICTL)


MES Retrofits Hybrid System to RTGs in Thailand

Photo: MES

Mitsui Engineering & Shipbuilding Co., Ltd. (MES), its subsidiary, MES Technoservice Co., Ltd. (STS) have retrofitted latest hybrid system to the existing five units of RTGs with two months erection period at site and successfully handed over to Leam Chabang International Terminal Co., Ltd


St. Lawrence Seaway Cargos up 3% over 2013

CSL Assiniboine loading iron ore at the CN/Duluth dock. Photo by Diane Hilden/courtesy Duluth Seaway Port Authority

Total cargo shipments on the St. Lawrence Seaway have surpassed 2013 levels despite one of the most difficult starts to the shipping season in years due to ice coverage. According to Seaway figures, total cargo tonnage from March 25 to August 31 reached 20 million metric tons


Another Strong Month for US Lakes Fleet

U.S.-flag Great Lakes freighters (lakers) moved 11 million tons of cargo in August, their second-highest monthly total in two years. The August float, while down 3.2 percent from July, also represents an increase of 5 percent compared to a year ago.


Great Lakes Coal Down 18% in August

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Coal shipments on the Great Lakes totaled 2.6 million tons in August, a decrease of 18 percent compared to a year ago.  Loadings also trailed the month’s long-term average by nearly 19 percent. Shipments from Lake Superior ports totaled 1,542,703 tons


Russia, Japan Hold Shipbuilding and Repair Seminar

The fourth Russian-Japanese seminar Development of Cooperation in Shipbuilding and Ship Repair, organized by Russian Maritime Register of Shipping (RS) and the Japan Ship Machinery & Equipment Association (JSMEA), was held September 4-5 in St. Petersburg.


PMI Energy Services Opens Shorebase in Louisiana

Photo: PMI Energy Services

PMI Energy Services, a Superior Energy Services company, has opened a shorebase in Morgan City, Louisiana, focused on supporting shelf, coastal and inland waters production and drilling activities. PMI’s shorebase is centrally located on the Louisiana coast and provides better protection


Twin Disc Mid-Atlantic Hires Ricky White

Ricky White: Photo Mill Log

Mill Log Equipment Company DBA Twin Disc Mid-Atlantic informs it has hired Ricky White as the Territory Manager for the southern Mid-Atlantic States to include the state of North Carolina (less the Outer Banks), and South Carolina. Ricky will operate out of the full service Rock Hill






 
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