Rigdon Marine Llc News

Richard M. Currence was promoted to Vice President, Operations, at Rigdon Marine, LLC, responsible for the company’s vessel operations, vessel construction, conversions, repair and maintenance, purchasing, and sub-contract management.

Richard M. Currence was promoted to Vice President, Operations, at Rigdon Marine, LLC, responsible for the company's vessel operations, vessel construction, conversions, repair and maintenance, purchasing, and sub-contract management.

Although this has been considered an off year in the Gulf of Mexico from rig count and fleet utilization standpoints, it is another record year for major offshore operators expanding their fleets and the shipyards that are building these vessels. Last year, over 50 supply boats were delivered and about an equal number of crew/supply vessels made their way into the fleets of operators. This year looks equally robust as vessels are being ordered in quantities of four, six and even 10. This begs the question as to why offshore vessel operators are order record number of vessels if the business is sluggish? The answer is two fold: Deep water and deep gas. Drilling activity is bound to increase based on these two factors industry leaders believe.