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SUPERIOR EQUIPMENT

Hornbeck Offshore to Acquire Superior Achiever

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


George Tech Div Manager at HB Rentals

Photo courtesy Foster Marketing Communications

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. Opens Singapore Office

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.


Vacon Receives Frost & Sullivan's Product of the Year Award

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


Hamworthy Delivers Pumps for Four VLCCs

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 To Launch New CAT® CG137-8 Generator Set

CG137-8 Gas  Engine

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


Superior Offshore International Names Patrice Chemin as COO

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.


Parker Terminates Deal

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


Columbus Makes Fourth Call at Duluth

Port of Duluth-Superior citizens once again greeted German cruise vessel Columbus as the vessel made its fourth call on the port. The vessel spent a full day in the community of boat lovers, even though federal regulations prohibit public tours. Columbus' trips here are a result of continuing efforts by port and City officials to revive major cruise ship operations on the Great Lakes and bring them to Duluth-Superior.


HB Rentals' Delivers For Expro

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.


ICS Welcomes IMO Progress on BW Issues

Peter Hinchliffe

Governments attending the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) this week have made real progress towards agreeing solutions to major issues that have previously impeded ratification of the IMO Ballast Water Management Convention


MacGregor Secures Deck Machinery Orders from Sinopacific

the main dimensions of SPA85L have been optimized to meet the complex conditions of the South China Seas

MacGregor has signed a new series of deck machinery orders for 12 vessels with the China-based Sinopacific Shipbuilding Group. This builds on a track-record of contracts that now stands at 150 shipsets of equipment successfully delivered and installed at Sinopacific yards


SYM Bolsters Shipowners Service Portfolio

SYM announced it has reorganized its technical services in three lines: Technical Services, Wet Docking Services and Electrical and Electronic Maintenance. Technical Services, which includes through SYM Engineering Technical Office ship design, naval architecture and marine projects


Fujifilm Debuts Silicone Fouling Release System

Fujifilm Smart Surfaces said its latest silicone fouling-release system solution will help save fuel and time during drydocking, helping tackle indigenous and invasive species that continue to propagate rapidly, infesting multiple waters and causing vast ecological and economic damage.


Harvey Gulf Expands into Mexico

Shane Guidry

Harvey Gulf, a strong driver in the U.S. OSV market and a true leader in the incorporation of LNG-as-fuel in marine vessels, announced that it establishing Harvey Gulf International Marine de Mexico S.A.P.I. de C.V.    Recently approved changes in Mexican law allow foreign ownership


Caterpillar Maintains Dividend Rate

  The Board of Directors of Caterpillar Inc. voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable November 20, 2014, to stockholders of record at the close of business on October 20.


NCE Opens Office in Alabama

Nathan Jones

Noise Control Engineering, LLC (NCE) opened a new office in Mobile, Ala. The office will be staffed by Nathan Jones, a Senior Engineer with more than 10 years of experience at NCE. “Our customers along the Gulf Coast region are a very important part of our business and this office will


Trelleborg Demonstrates the Value of Smart Specification

Super Cone Fenders from Trelleborg.JPG

Davao International Container Terminal, Inc.(DICT) located in Panabo City, Davao Del Norte, on the south eastern coast of the Philippines, has bought state-of-the-art Super Cone fenders and Tee Head bollards from Trelleborg.   Berths 1 and 2 at the Breakbulk Terminal are old concrete


ROC's Largest Shareholder Supports FOSUN Offer

ROCs Chairman Mike Harding

Transcendent Resources Limited (Fosun), a wholly-owned subsidiary of Fosun International Limited and Roc Oil Company Limited, are pleased to announce that Fosun has received acceptance instructions from Allan Gray Australia Pty Ltd (18.9%) in respect of the off-market takeover bid by Fosun to


Shock Test Machine Saves Navy Big Bucks

Welding work: Image courtesy of NSWCCD

The Navy's new Deck Simulator Shock Machine (DSSM) improves shipboard electronics reliability while reducing testing costs as equipment evaluations began in Philadelphia, saving the Navy $75,000 per test, as it meassures the effects of simulated underwater explosions on electronic equipment


NOAA Orders Newbuild Navigation Response Boats

NRT5 surveys the Potomac River

NOAA today announced that Lake Assault Boats of Superior, Wisconsin, will build two small vessels for the Office of Coast Survey's navigation response program, part of a plan to eventually replace all six of the program's small survey boats. The combined cost of both 28-foot vessels is $538,200


MN 100: Superior-Lidgerwood-Mundy Corporation

SLM comm_barge_haul-1 EH.jpg

302 Grand Avenue Superior, Wisconsin 54880 E-mail: stenerelli@lidgerwood.com Website: lidgerwood.com President: Kent Phillips Number of employees: 35 The Company: With more than 150 years of experience, Superior-Lidgerwood-Mundy (SLM) is a leading U.S


MN 100: Tampa Yacht Manufacturing LLC

Tampa Yacht 2.jpg

4350 62nd Avenue North Pinellas Park, FL 33556 Tel: (727) 954-3435    Email: robert.stevens@tampa-yacht.com Website: www.tampa-yacht.com President & CEO: Robert L Stevens The Company: Tampa Yacht Manufacturing LLC offers ‘Battle Ready’ products with


MJP Introduces Hybrid Waterject

MJP Hybrid_background.jpg

Marine Jet Power (MJP) introduced a new product concept that is optimized for high-speed applications. According to MJP, the new hybrid waterjet combines the best characteristics of the MJP DRB series with the Ultrajet series. MJP said the idea to take the best from its DRB and Ultrajet series


Teleperformance Commended by Frost & Sullivan

Frost & Sullivan Commends Teleperformance for its Unmatched Performance in the Nearshore Contact Center Outsourcing Services Market

Based on its recent analysis of the Latin American contact center outsourcing services market, Frost & Sullivan recognizes Teleperformance with the 2014 Latin America Frost & Sullivan nearshore Company of the Year Award. By leveraging its unparalleled nearshoring expertise acquired through






 
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