Hornbeck Offshore Services, Inc. (NYSE:HOS) is reviewing the Secretary of the Interior’s latest offshore drilling moratorium and has substantial concerns about its consistency with the June 22, 2010 order by U.S. District Judge Martin Feldman. Judge Feldman ruled in favor of Hornbeck Offshore’s action to block a six-month federal moratorium on deepwater drilling in the Gulf of Mexico. Subsequent challenges to the judge’s order by the federal government were denied, including last week’s ruling by the Fifth U.S. Circuit Court of Appeals.
Hornbeck Offshore Services, Inc. announced that it has experienced no lost revenue or damage to its vessels related to Hurricane Ivan that swept through the Gulf of Mexico or Tropical Storm Jeanne that passed through St. Croix and Puerto Rico last week. Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, new generation offshore supply vessels primarily in the U.S. Gulf of Mexico and select international markets
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
Hornbeck Offshore Services, Inc. (NYSE: HOS) has completed its offer to exchange $225,000,000 aggregate principal amount of its outstanding 6.125% Series A Senior Notes due 2014 (CUSIPs 440543 AA 4 and U44070 AA 5) (collectively, the "Old Notes"), which were sold in accordance with Rule 144A or Regulation S under the Securities Act of 1933 (the "Act") for an equal aggregate principal amount of its 6.125% Series B Senior Notes due 2014 (CUSIP 440543 AB 2) (the "New Notes")
Hornbeck-Leevac Marine Services, Inc. has announced that its wholly owned subsidiary, Hornbeck Offshore Services, Inc., has begun a new vessel construction program to significantly increase the size of its seven-vessel, state-of-the-art offshore supply vessel (OSV) fleet. A contract has been signed with Leevac Shipyards to immediately begin construction of two ultra deepwater vessels with four to follow. The first vessel is expected to be delivered in February 2001
Hornbeck Offshore Services, Inc. (NYSE:HOS) announced that Todd M. Hornbeck, Chairman, President and Chief Executive Officer, and James O. Harp, Jr., Executive Vice President and Chief Financial Officer, will be participating in the Bank of America 2008 Energy Conference being held November 13-14, 2008 in Key Biscayne, Florida. The Company's presentation at the conference will be webcast live with an accompanying slideshow on Thursday, November 13, 2008 at 1:50 p.m. Eastern Time
Leica has delivered eight MX 480 of its professional chart navigators for the fleet of offshore supply vessels operated by Hornbeck Offshore, Mandeville, La. The equipment was sold and installed by Leica dealer Frank L. Beier Radio Company of New Orleans. Each of the systems includes dual Leica MX 412B DGPS navigation receivers linked to a ruggedized PC-based chart plotter. Complete with built-in differential beacon receivers
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.
Hornbeck Offshore Services, Inc. announced that it closed the sale of $225,000,000 aggregate principal amount of 6.125% Senior Notes due 2014 (CUSIP Nos. 440543 AA 4 and U44070 AA 5) ("New Notes") in a private placement. The New Notes have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or available exemption from such registration requirements.
Hornbeck-Leevac Marine Services, Inc. announced today that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. This is the company's third such program since its inception five years ago - the first two were seven and six vessel programs, respectively. The current plan is to build eight additional state-of-the-art, deepwater OSVs, with construction of four 240-ft
At the 2013 International Workboat Show, Caterpillar is launching an unprecedented product support campaign, unveiling not only a new Cat® 3406 Marine Bundled Repair Solution but also Extended Service Coverage (ESC) for all available Bundled Repair Solutions.
Imagine holding a 100-meter long, subsea construction vessel in position as it lowers with its 250-ton crane, heavy subsea modules to the seabed. According to GE, its Power Conversion company has the ability to take the guess work out of complex dynamic positioning (DP) operations with its
Eastern Shipbuilding Group, Inc. announce that on Thursday October 10, 2013, the M/V HOS Red Rock (Hull 202) was delivered to Hornbeck Offshore Services, LLC. The HOS Red Rock was launched on April 19, 2013. Hornbeck’s first vessel, the HOS Red Dawn (Hull 201), was delivered on June 21
Eastern Shipbuilding Group, Inc. has launched the 'HOS Bayou' for Hornbeck Offshore Services, LLC. The launch was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests attending, including Mr. Jack Reid, Florida’s Governor Rick Scott’s Regional
Offshore Supply Vessel (OSV) 'Red Dawn' has been launched from the Eastern Shipbuilding Group's Allanton facility. Attending from Hornbeck was Todd Hornbeck, President & CEO, and Carl Annessa, Executive Vice President & COO, along with 12 senior members of the Hornbeck Team
Cargotec's MacGregor contracted by Hornbeck Offshore Services Inc. to deliver 4 AHC cranes for 4 multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015, and the value of the order is EUR 37-million for the four 250-tonne active
Cargotec's MacGregor has received €37 million order from Hornbeck Offshore Services Inc. to deliver four 250-ton active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015
Leevac Shipyards Jennings LLC, of Jennings, LA, a subsidiary of Leevac Shipyards, LLC signed contracts with Hornbeck Offshore Services, LLC, an affiliate of Hornbeck Offshore Services, Inc. (NYSE:HOS) of Covington, La., for the construction of two STX Marine SV 310 Multi-Purpose Supply
GE’s Power Conversion business was awarded a contract by the Eastern Shipbuilding Group in Panama City, Fla., to supply integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12,070 BHP (9,000 kW)
Eastern Shipbuilding Group, Inc. announced that it has won contracts from Hornbeck Offshore Services, LLC. for two 302’x76’x26’ Multi-Purpose Supply Vessels. Eastern is currently under contract to construct four 292’ and six 302’ OSV’s for Hornbeck
Eastern Shipbuilding Group, Inc. announced the christening and subsequent launching of the M/V HOS Red Rock for Hornbeck Offshore Services, LLC. The event was held at Eastern’s Allanton facility with hundreds of Eastern Employees and Guests
Genesis Energy, L.P. has agreed to acquire for approximately US$230-million all the assets of the downstream transportation business of Hornbeck Offshore Transportation, LLC (“Hornbeck”). The business is primarily comprised of nine barges and nine tug boats which transport crude oil
Eastern Shipbuilding Group, Inc. announced delivery of M/V HOS Red Dawn and the launch and christening of M/V HOS Renaissance, both vesssels for Hornbeck Offshore Services, LLC. Attending from Hornbeck was William “Bill” Krewsky, Director of Engineering and Project Management
Genesis Energy has completed the previously announced acquisition of all the assets of the downstream transportation business of Hornbeck Offshore Transportation, LLC. The purchase price was approximately $230 million plus customary adjustments
Ongoing infrastructure and newbuild activity not expected to let up. Modern, sophisticated and quality tonnage arrives at just the right time. Vessel builders are ramped up for strong demand from the Gulf of Mexico, where oil drilling is very soon expected to return to pre-Macondo levels