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Martin Terminal News

30 Sep 2013

Offshore Service Providers Drive Robust GoM Boom

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. Utilization rates for offshore vessels are rising in the GoM, along with associated dayrates. Three Louisiana leaders--Edison Chouest Offshore in Cut Off, Hornbeck Offshore Services Inc. in Covington and Harvey Gulf International Marine in New Orleans--are engaged in aggressive newbuild programs.

12 Jul 2013

Edison Chouest Offshore Ordering New Vessels, Expanding Terminals

Company AHTS: Photo courtesy of ECO

The Edison Chouest Offshore (ECO) global family of companies, plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains over 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, LA), LaShip (Houma, LA), Gulf Ship (Gulfport, MS) and Tampa Ship (Tampa, FL), as well as its Brazilian shipyard, Navship. ECO’s worldwide fleet now approaches 250 highly specialized offshore service and support vessels.

09 Jul 2013

ECO to Add 40-Plus Vessels, Expand Port Facilities

The Edison Chouest Offshore (ECO) global family of companies announced plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains more than 40 vessels, a vast majority to be constructed at its four U.S.-affiliate shipyards: North American Shipbuilding (Larose, La.), LaShip (Houma, La.), Gulf Ship (Gulfport, Miss.) and Tampa Ship (Tampa, Fla.), as well as its Brazilian shipyard, Navship. ECO’s worldwide fleet now approaches 250 highly specialized offshore service and support vessels. The largest portion of the newbuild program contains 17 vessels, with options for an additional 20, in a new class of 312’ x 66’ x 26’ new generation, clean design, diesel-electric platform supply vessels (PSV).