Hornbeck Offshore Services, Inc. announced today that it has entered into a definitive asset purchase agreement with Superior Offshore International, Inc, a subsea construction and commercial diving services company, to acquire the Superior Achiever, a T-22 class DP-3 new generation multi-purpose support vessel and related owner-furnished equipment, currently under construction at Merwede Shipyard in Holland with an anticipated fourth quarter 2008 delivery. Merwede Shipyard is also building for Hornbeck the HOS Iron Horse, a T-22 class DP-3 MPSV of the same design, with an expected fourth quarter 2009 delivery. With the pending acquisition of the Superior Achiever, the Company's MPSV program now consists of four vessels. The closing with Superior is subject to customary conditions, including third party consents, and is expected to occur on or before January 21, 2008. Hornbeck has also agreed to a five-year time charter with Superior for the Superior Achiever or another acceptable vessel at a dayrate commensurate with the Company's target investment parameters. Superior will have the option to terminate the charter with 90-days' advance notice at the end of each sequential six-month period within the term. The definitive agreement also provides that Hornbeck and Superior will agree to negotiate in good faith toward the establishment of a non-exclusive joint marketing and cooperation agreement and that the parties will endeavor to seek mutually beneficial business
Accommodations specialist, HB Rentals, a Superior Energy Services company, has named Clayton George Technical Division Manager, announced President Deidre Toups. In this role, George will manage project teams for the design of modular offshore living quarters and will be based in the company’s Broussard, La., office. George has extensive industry experience in project management and previously served in this capacity for DPS Delta; Berard
Superior Energy Services Inc. (NYSE: SPN) announces it has opened a new location in Singapore to serve as a base of operations for Superior Energy Services’ Marine Division, HB Rentals and Premier Oilfield Rentals and to be a resource for any Superior employee traveling through the region. This development is in line with Superior’s commitment to the development of international markets.
Frost & Sullivan has named Vacon 10, Vacon's new micro drive, the 2008 Product of the Year for OEMs (original equipment manufacturers) in the micro drives domain. The Frost & Sullivan Award for Product of the Year is presented each year to the product that has demonstrated superior performance, features and is competitively priced. The 2008 Frost & Sullivan Award for Product of the Year for OEMs in the micro drives (up to 5
Fluid-handling specialist Hamworthy has signed a contract with marine equipment purchaser Hua Hai Engineering & Equipment Co., Ltd to deliver pump room systems for installation on four very large crude carriers (VLCCs) to be constructed in China. The ships, which will be built for CSC Nanjing Tanker Co., Ltd (NJTC) at Guangzhou Longxue Shipbuilding Co., Ltd, follow on from 10 previous VLCCs contracted by the same owner at Jiangnan Shipyard and Bohai Shipyard
Caterpillar Oil & Gas will unveil the new Cat CG137-8 natural gas generator set at the Bismarck Civic Center in Bismarck, North Dakota during the 2014 Williston Basin Petroleum Conference now in progress from May 20 – 22nd. The new Cat CG137-8 generator set provides 282 ekW (352 kVA), 60 Hz @ 1800 rpm of rated power, offering customers an additional power node to complement existing Cat power solutions in land production applications
Parker Drilling Company and Superior Energy Services, Inc., have jointly agreed to terminate their merger agreement, in which Parker was to acquire Superior in an exchange of stock. In connection with the termination, Superior will make a cash payment to Parker in settlement of certain obligations under the merger agreement. Superior, in Harvey, La., provides oilfield tool rentals, well plug and abandonment services
Superior Offshore International, Inc. a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, has named Patrice Chemin as its Chief Operating Officer, or COO, effective immediately. With over 35 years of oilfield-related and international marine construction experience, Chemin is a tremendous addition to Superior Offshore International’s executive management team.
Offshore accommodation specialist HB Rentals, a Superior Energy Services company, has secured another new deal to supply a high-specification engineering cabin to Expro Group in Malaysia. HB Rentals’ regional hub in Singapore, which is undertaking a major fleet development program, delivered the 20 x 8 ft. engineering cabin to the Expro Group to provide a safe environment for technicians working on the Harvey H. Ward jack-up drilling rig.
Aiming to Meet the IMO's Tier III NOx Emission Controls Nippon Yusen Kabushiki Kaisha, Oshima Shipbuilding Co. Ltd., Mitsubishi Heavy Industries Ltd., Akasaka Diesels Limited, and Sakai Chemical Industry Co., Ltd are to begin shipboard tests of selective catalytic reduction (SCR) nitrogen oxide (NOx) removal equipment installed on NYK Line's new bulk coal carrier Initial Salute, which was built by Oshima Shipbuilding.
Damen has introduced a new first line assistance vessel, the Responder 5413, engineered specifically for assistance in disaster relief and emergency response operations. Developed partly in response to the increasing number of extreme weather events across the globe
ABB’s marine and ports business will partner with Presserv to offer maintenance packages for vessels that serve the oil and gas industry that are laid-up for prolonged periods. The two companies will combine specialized services to enable the preservation of equipment onboard
ABS, a leading provider of classification and technical services to the marine and offshore industries, has expanded its Type Approval product certification process to allow original equipment manufacturers (OEMs) to meet compliance with 46 CFR Subchapter M Regulations.
Alabama shipbuilder Horizon Shipbuilding, Inc. said it has delivered the second of 13 NYC Ferry vessels being built for NYC Ferry Operated by Hornblower, which will launch this summer. With sea trials and U.S. Coast Guard certification now behind her
Austal will host The Honorable Kathy Taylor, ship sponsor, for the christening of the Tulsa (LCS 16) at its Mobile, Ala. shipyard, Feb. 11. Taylor was Tulsa’s 38th Mayor and is currently Chief of Economic Development for Tulsa’s sitting Mayor, G.T. Bynum
Four crewmembers aboard the lift boat Superior Trust were rescued after the vessel became unstable near Southwest Pass, La., Wednesday. U.S. Coast Guard Sector New Orleans watchstanders received a call early Wednesday morning reporting one of the Superior Trust’s legs failed and
Eelume AS has released the first live video footage of its game changing take on underwater intervention vehicles. With the support of Kongsberg Maritime as a development partner, the unique new Eelume robot has torn up the marine robotics rulebook to create a futuristic
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 60,000 dwt type bulk carrier M.V. "INDIGO BREEZE" (MES Hull No. 1926) at its Tamano Works on 22nd February, 2017 to ARIST MARITIME S.A., the Republic of Panama.
APL today announced the launch of Eagle Guaranteed, a promise of day-definite arrival of shipment on the Eagle Express (EX1) service via the Global Gateway South (GGS) Terminal in Los Angeles to the rail yards of Chicago, Columbus, Dallas, El Paso, Kansas City and Memphis in the Americas
Kalmar, part of Cargotec, has delivered nine Kalmar Gloria reachstackers to the Italian ro-ro and container shipping line Messina Group. The order includes a Kalmar Complete Care maintenance contract, which brings several advantages, such as financial predictability
The 2017 Great Lakes shipping season begins today when the U.S.-flag tug/barge unit Dorothy Ann/Pathfinder departs her winter lay-up berth in Erie, Pa., and sails to Cleveland, Ohio, where she will initiate the shuttle of iron ore from Cleveland Bulk Terminal to the ArcelorMittal steel mill at the
In mid-February, Lamor Corporation demonstrated a new way to recover oil by deploying the Lamor Marine Oil Spill Sweeper LMOS 15 Speed Skimming system in Halifax, Canada in cooperation with their local representative, Griffin Engineered Systems
Polyurea/polyurethane protective coatings manufacturer Chemline said it has established a new dedicated sales team and web page specifically for contractors. The company has served primarily the OEM market for 20 years, and is now adding contractor-focused services is in response to
ALMACO said it has been contracted to build the catering areas onboard the first newbuild ship for Saga Cruises at Meyer Werft shipyard in Germany. The vessel is expected to be delivered in summer of 2019, with the option to order a second with expected delivery in 2021.
Commander, Naval Air Forces, Pacific announced Nimitz-class aircraft carrier USS John C. Stennis (CVN 74) as the recipient of the 2016 Battle "E" award for aircraft carriers home-ported in the Pacific, March 28. The Commander