Evan Behrens News

Hornbeck Offshore Services Emerges from Bankruptcy

U.S.-based offshore support vessel provider Hornbeck Offshore Services said Friday it had completed its reorganization and emerged from Chapter 11 Bankruptcy.The company had in April struck a comprehensive balance sheet restructuring support agreement with its lenders, to be implemented through a prepackaged chapter 11 filing in May in the Southern District of Texas.Hornbeck, which provides offshore services in the Gulf of Mexico and Latin America, said Friday that it had on September 4, 2020, emerged from Chapter 11 under its previously announced reorganization plan.Todd M.

Trailer Bridge Appoints Chris J. Dombalis CEO

Trailer Bridge, Inc. has appointed Chris J. Dombalis as a Board Member and Chief Executive Officer of the Company to succeed Frank Halliwell. Trailer Bridge provides integrated trucking and marine freight service to and from all points in the lower US 48 states, Puerto Rico & the Dominican Republic, utilizing an efficient inland network, owned containers and U.S. flag vessels to link the mainland with Puerto Rico via marine facilities in Jacksonville, San Juan and Puerto Plata. Mr. Dombalis brings to Trailer Bridge over 30 years of executive experience in the maritime and logistics industries. Most recently, he served as Executive Vice President of Maher Terminals LLC, one the largest multi-user container terminal operators in the world. During his tenure at Maher, Mr.