Seacor Smit To Acquire Boston Putford

Thursday, February 10, 2000
Seacor Smit has signed a letter of intent to acquire all of the issued share capital of Putford Enterprises Ltd. and associated companies. Boston Putford’s standby safety vessels (SBSV), certain joint venture interest and vessels, and fixed assets will be acquired for approximately $30 million. The company’s SBSV fleet, including vessels held in joint ventures but excluding vessels managed for third parties, consists approximately of 18 vessels operating primarily in the southern U.K. sector of the North Seas. “Boston Putford is the market leader in the SBSV market in the southern North Sea with safety and multi-role vessels working for most of the field operators,” said Charles Fabrikant, Seacor’s Chairman and CEO.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Workboats

Bids Placed for Novy Port Icebreaker Contract

Seven companies submit bids for contract for Yamal Novy Port terminal icebreaker   The tendering process for the Yamal Novy Port terminal icebreaker design and build contract has kicked off,

Dredge Yard, Neptune Shipyards Introduce New Dredger

Dredge Yard announced it has partnered with Netherlands-based Neptune Shipyards to develop the new cutter suction dredger, EURO DREDGER 450. Iulia Berchiu, Dredge Yard’s Marketing Manager,

New Launches, Demonstrations Set for Seawork

Europe’s commercial marine and workboat exhibition held in a working port, Seawork International, has released its plans for demonstrations, launches and conferences.

 
 
Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1231 sec (8 req/sec)