HORNBECK-LEEVAC Marine Services, Inc. announced that it has changed its name to Hornbeck Offshore Services, Inc. The new corporate name was approved at the company's recent annual meeting of stockholders. The name of the tug and tank barge owning subsidiary, LEEVAC Marine, LLC, has also been changed to Hornbeck Offshore Transportation, LLC. The name changes are effective immediately. Todd M. Hornbeck, President and CEO remarked, "These name changes will allow us to operate under a common identity across each of our operating divisions and facilitate the markets' identification with each of our services under one name and one logo. In addition, this should address any confusion to our customers, vendors, and investors regarding the similarity in name of one of our shipyard vendors, LEEVAC Industries, LLC."
Hornbeck-Leevac Marine Services, Inc. announced that it has completed the purchase of all of its outstanding warrants for an aggregate purchase price of $14.5 million. The repurchase of the warrants was financed through the successful offering of $14.6 million of the Company's common stock. In addition, the Company announced that Jesse E. "Jempy" Neyman, Vice-President of Enron Principal Investments and board designee of the warrantholders
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.
Leevac Industries, LLC of Jennings, La., won a $40 million contract from PNK (Lake Charles), LLC for the construction of a 330 x 225 x 13-ft. (100.5 x 68.5 x 3.9 m) Paddlewheel Casino Vessel. Lay, Pittman and Associates, Inc. of Jacksonville, Fla., are the naval architects. The casino vessel will hold more than 1,500 slot machines and 60 table games and will be moored in Lake Charles, La. This vessel will be the largest riverboat casino built in the State of Louisiana.
LEEVAC Shipyards Jennings LLC, Jennings, LA, announced it has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. The LDS 300 DE PSV will have a deadweight capacity of 5400 LTs and will carry more than 17,600 barrels of liquid mud
LEEVAC Shipyards, LLC recently delivered the first of two Z-Tech 2400 harbor tug boats, the Chloe K to Bay-Houston Towing Co. TheChloe K was constructed at LEEVAC Shipyard Jennings, LLC and was later transported, via one of LEEVAC’s own dry-docks, to LEEVAC Shipyard Lake Charles, LLC facility where the Chloe Kreceived her final outfitting, commissioning, and testing. “This is the first tug that LEEVAC Shipyards, LLC has built in many years
On March 16, 2003, Hornbeck Offshore Services (HOS) took delivery of the HOS Bluewater from LEEVAC Industries LLC. The vessel was delivered to Hornbeck Offshore two weeks ahead of schedule and immediately began a term charter for an unnamed operator. The HOS Bluewater is the first of four deepwater OSV's that will be delivered to Hornbeck Offshore by year's end. Designed by and built for Hornbeck Offshore Services, LLC, the HOS BLUEWATER is the company's seventh DP-2 vessel.
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.
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
The offshore market continues to be a significant driver for marine innovation, as vessels and their operators are critical factors to ensure that offshore operations – increasingly conducted in deeper, more hostile waters further from shore – are conducted in a safe and efficient manner. Here Maritime Reporter examines some notable recent designs, developments and deliveries. Eastern Shipbuilding Group, which has been extremely busy of late in the offshore sector
Addressing over 300 industry experts at the Green Shiptech China Congress 2017 (20-21 April), International Maritime Organization (IMO)'s Heike Deggim briefed the audience on the latest IMO regulations. She drew attention to the global 0
Turkey has raised the fines for marine pollution by 41 percent, Daily Sabah reported quoting the Ministry of Transport, Maritime Affairs and Communication. The Ministry has also implemented stricter regulations after a ship hit rocks and spilled 50 tons of fuel in
Incat Crowther has announced its recent contract with Legacy Marine Group of Port Elizabeth, South Africa for the design of two new 18 meter catamaran dive support vessels to be built for Stapem Offshore for operation in the coastal waters off Angola.
The first full scale boarding test of the world’s largest lifeboat, Palfinger Marine's new flagship for the cruise industry, landed the company a new world record. In 2015 Palfinger Marine won the impressive contract for delivery of 24 tenders, 12 lifeboats
International Maritime Organization (IMO) has joined countries and stakeholders concerned with protecting the Caspian Sea from oil pollution at a regional meeting in Bandar-e Anzali, Islamic Republic of Iran (16-20 April).
ABS Chief Technology Officer and University of Michigan alumnus Howard Fireman addressed students, professors and guests at the university’s 2017 Naval Architecture and Marine Engineering Department’s Captain Ralph R. and Florence Peachman Lecture to share his vision of the future of
The reemergence of organotin in marine hull coatings is of increasing concern, with academics and environmentalists calling on International Maritime Organization (IMO) to investigate the use of tin in silicone-based foul release systems and other ships hull coatings.
There is more to SubM than just attention to safety. Protect yourself accordingly. In today’s environment, safety management systems for brown water marine operators are standard industry practice, whether they come in the form of the American Waterways Operators (AWO) Responsible
IMO 2020 sulfur cap: lube producers take a pragmatic approach There has been little reaction by way of statements or position papers from marine fuel lubricant manufacturers to the IMO MEPC70 proposals for a global fuel sulfur content cap of 0
Skandi Búzios, a pipelay support vessel (PLSV) owned 50/50 by a joint venture formed between TechnipFMC and DOF Subsea, has commenced an eight-year charter contract with Petróleo Brasileiro S.A. (Petrobras), as scheduled on April 13, 2017.
Algoma Central Corporation and Nova Marine Carriers SA today announced the creation of a new joint venture that will focus on short-sea dry-bulk shipping for global markets. This new joint venture, operating as NovaAlgoma Short-Sea Carriers, or NASC
Pat Folan is a partner in Daphne, Ala.-based Tug & Barge Solutions, a safety and compliance company that focuses on Subchapter M compliance for towing companies. The company also performs surveys of towing vessels and barges, manages safety management systems for towing companies and trains
Approximately 130 million Chinese citizens travel internationally, making China the world’s largest outbound travel market in the world. With one-sixth of the world’s population, many recognize this country as a market with huge potential.
Global Diving & Salvage, Inc. has expanded its regional operations with the addition of a new office in Juneau, Alaska. The new Juneau office will support southeast Alaska through several of Global’s primary service lines: marine construction, marine salvage and emergency response
The August 2017 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.