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. (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
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. 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 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.
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
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
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.
Deepwater operations are increasingly demanding more personnel offshore, often for longer periods of time, placing a greater emphasis on crew accommodation. Now accommodation and special features join safety as the key components for a new range of comfortable, large-scale offshore housing vessels
Covington, LA. headquartered Hornbeck Offshore Services, Inc. has announced its financial results for the fourth quarter ended December 31, 2013 with a year-on-year almost quarterly doubling of net income. Highlights of the report are as follows:
Eastern Shipbuilding Group, Inc. says it has delivered the M/V HOS RIVERBEND (Hull 204), their fourth and final vessel in the HOSMAX 300 series, to Hornbeck Offshore Services, LLC, ahead of schedule. Each vessel is Diesel-Electric powered, twin Z-drive propelled OSV’s
Eastern Shipbuilding Group, Inc. announced the launching of the HOS Black Foot (Hull 206) on Friday January 17, 2014 for Hornbeck Offshore Services, LLC. The HOS Black Foot is Eastern’s second vessel in Hornbeck Offshore’s HOSMAX 310 class series
Eastern Shipbuilding Group delivered M/V HOS Red Rock (Hull 202) to Hornbeck Offshore Services, LLC. Hornbeck’s first vessel, the HOS Red Dawn (Hull 201), was delivered on June 21, 2013 and is currently servicing offshore drilling operations in the U.S. Gulf of Mexico
The latest US Department of Defense, Navy, contracts include: to Defense Support Services LLC for 'COLDS' cargo training, and to Hornbeck Offshore Services for the time charter of an offshore supply vessel for submarine rescue diving support services. Details as follows: 'COLDS' training
To Provide Hornbeck Vessels DP Hornbeck Offshore will employ GE Power Conversion’s latest generation DP technology for its four new multipurpose supply vessels (MPSVs). In their role as MPSVs, they can operate as either a subsea construction vessel capable of performing complex subsea
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
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
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
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.
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
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
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, 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