Hornbeck Offshore Services

HORNBECK OFFSHORE SETTLES LITIGATION AND RESUMES COMPLETION OF CONSTRUCTION OF TWO 400 CLASS JONES ACT-QUALIFIED MPSVs

Retrieved on: 
Monday, October 9, 2023

COVINGTON, La., Oct. 9, 2023 /PRNewswire/ -- Hornbeck Offshore Services, Inc. ("Hornbeck Offshore" or the "Company") announced today that it has entered into a final settlement agreement with the surety (the "Surety") for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards, LLC ("Gulf Island").

Key Points: 
  • COVINGTON, La., Oct. 9, 2023 /PRNewswire/ -- Hornbeck Offshore Services, Inc. ("Hornbeck Offshore" or the "Company") announced today that it has entered into a final settlement agreement with the surety (the "Surety") for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards, LLC ("Gulf Island").
  • Pursuant to the settlement with the Surety, Gulf Island was required to dismiss with prejudice all claims it had asserted against Hornbeck on account of Hornbeck's termination of the Vessel Construction Agreements with Gulf Island.
  • Hornbeck also dismissed its claims against Gulf Island and the Surety under the construction agreements and the surety bonds.
  • Todd Hornbeck, the Company's President and Chief Executive Officer, commented, "We are very pleased to be able to complete the construction of these two ultra high-spec, Jones Act-qualified MPSVs.

HORNBECK OFFSHORE TO CONVERT ONE HIGH-SPEC OSV TO AN SOV / FLOTEL FOR THE OFFSHORE WIND AND PETROLEUM MARKETS

Retrieved on: 
Wednesday, July 12, 2023

The SOV will be equipped with an Uptime 30m motion-compensated offshore gangway, a 10-ton 3D-compensated crane, helideck, enclosed warehouse and stepless boat landing.

Key Points: 
  • The SOV will be equipped with an Uptime 30m motion-compensated offshore gangway, a 10-ton 3D-compensated crane, helideck, enclosed warehouse and stepless boat landing.
  • The SOV accommodations will be constructed to ABS Comfort Class habitability notation standards, and will include a host of onboard amenities typical of a newbuild SOV.
  • Todd Hornbeck, the Company's President and Chief Executive Officer, commented, "We are excited to expand our deep experience in walk-to-work and offshore accommodation services with a fully capable SOV for the benefit of the offshore wind community and our offshore petroleum clients.
  • Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, high specification offshore service vessels to the energy industry primarily in the Gulf of Mexico and Latin America, as well as to the U.S. government, offshore wind and other non-oilfield customers.

LifeMD Appoints Bobby Jindal to the Board of Directors

Retrieved on: 
Tuesday, September 20, 2022

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, is pleased to announce its appointment of Bobby Jindal, the 55th Governor of the State of Louisiana, to its board of directors.

Key Points: 
  • NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- LifeMD, Inc. (NASDAQ: LFMD), a leading direct-to-patient telehealth company, is pleased to announce its appointment of Bobby Jindal, the 55th Governor of the State of Louisiana, to its board of directors.
  • Jindal has served on numerous boards, and currently serves on the boards of Hornbeck Offshore Services and U.S. Heart and Vascular.
  • We are pleased to announce Bobby's appointment to our Board of Directors, said Justin Schreiber, Chairman and CEO of LifeMD.
  • Technology driven virtual care platforms, such as what LifeMD is building, will dramatically reshape how countless Americans access and benefit from healthcare, said Bobby Jindal.

AIS Acquires Xgility: Leading Microsoft Azure Cloud Focused Firm Buys Microsoft Gold Partner

Retrieved on: 
Wednesday, April 20, 2022

AIS (Applied Information Sciences), a leading Microsoft cloud services firm, announced today its acquisition of Xgility , a Microsoft Gold Partner with a mission to help clients rethink, reimagine, and transform their business with end-to-end Microsoft cloud solutions.

Key Points: 
  • AIS (Applied Information Sciences), a leading Microsoft cloud services firm, announced today its acquisition of Xgility , a Microsoft Gold Partner with a mission to help clients rethink, reimagine, and transform their business with end-to-end Microsoft cloud solutions.
  • "AIS has experienced substantial growth over the last five years, guided by our mission to be the premier Microsoft Azure cloud services partner for federal and commercial enterprises.
  • Xgility is a team of Microsoft Certified experts passionate about achieving transformational results with Microsoft cloud technology, including Microsoft 365, SharePoint, Microsoft Teams, Power Platform, Dynamics 365, and Azure.
  • About AIS: AIS has a mission to serve as a trusted partner, efficiently delivering innovative solutions that maximize our clients' technology investments.

American Offshore Services Secures Strategic Partnership with Orion Infrastructure Capital

Retrieved on: 
Friday, February 11, 2022

American Offshore Services, LLC (A-O-S or the Company), a crew transfer vessel (CTV) owner operator, announced a strategic partnership with Orion Infrastructure Capital (Orion or OIC) to build state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions.

Key Points: 
  • American Offshore Services, LLC (A-O-S or the Company), a crew transfer vessel (CTV) owner operator, announced a strategic partnership with Orion Infrastructure Capital (Orion or OIC) to build state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions.
  • Formed in 2020, A-O-S is a joint venture between European CTV operator, Northern Offshore Services (N-O-S), and U.S. offshore logistics company, SEA.O.G Offshore, to provide services to the U.S. offshore wind industry.
  • OICs unique partnership approach for entrepreneurs, by entrepreneurs cultivates creative credit, equity, and growth capital solutions to help middle market businesses scale and deploy sustainable infrastructure.
  • OICs target investment sectors include energy efficiency, digital infrastructure, social infrastructure, sustainable power generation, renewable fuels, waste & recycling, water, transportation, and agriculture.

Holborn Assets Makes Key Appointment

Retrieved on: 
Thursday, October 21, 2021

DUBAI, UAE, Oct. 21, 2021 /PRNewswire/ -- Holborn Assets, one of the world's largest independent financial advisory firms, has today announced the appointment of Stefan Terry as Managing Partner of its Middle East region.

Key Points: 
  • DUBAI, UAE, Oct. 21, 2021 /PRNewswire/ -- Holborn Assets, one of the world's largest independent financial advisory firms, has today announced the appointment of Stefan Terry as Managing Partner of its Middle East region.
  • Riyad Adamou, Holborn's Chief Commercial Officer, said: "Holborn has more than twenty years of presence in the Middle East.
  • Established in 1999, Holborn is a multi-award-winning, international financial services company, specialising in independent financial advice to the expatriate market.
  • Holborn Assets' experienced team of professional fully qualified advisers specialise in delivering clients quality, independent financial advice and services.

Holborn Assets Makes Key Appointment

Retrieved on: 
Thursday, October 21, 2021

DUBAI, UAE, Oct. 21, 2021 /PRNewswire/ -- Holborn Assets, one of the world's largest independent financial advisory firms, has today announced the appointment of Stefan Terry as Managing Partner of its Middle East region.

Key Points: 
  • DUBAI, UAE, Oct. 21, 2021 /PRNewswire/ -- Holborn Assets, one of the world's largest independent financial advisory firms, has today announced the appointment of Stefan Terry as Managing Partner of its Middle East region.
  • Riyad Adamou, Holborn's Chief Commercial Officer, said: "Holborn has more than twenty years of presence in the Middle East.
  • Established in 1999, Holborn is a multi-award-winning, international financial services company, specialising in independent financial advice to the expatriate market.
  • Holborn Assets' experienced team of professional fully qualified advisers specialise in delivering clients quality, independent financial advice and services.

LabMar Ferry Services Announces Richard Heausler Has Joined the Company as General Manager

Retrieved on: 
Thursday, July 30, 2020

NEW ORLEANS, July 30, 2020 (GLOBE NEWSWIRE) -- LabMar Ferry Services, LLC, (LabMar or the Company) announced today that Richard Heausler recently joined LabMar as General Manager.

Key Points: 
  • NEW ORLEANS, July 30, 2020 (GLOBE NEWSWIRE) -- LabMar Ferry Services, LLC, (LabMar or the Company) announced today that Richard Heausler recently joined LabMar as General Manager.
  • Immediately prior to joining LabMar, Mr. Heausler served as Director of Operations for Hornbeck Offshore Services, Inc. where he held that position since 2018.
  • In 1997, he joined Tidewater Inc. where he initially served as a project engineer and then held positions of increasing responsibility including Manager of Business Development, Manager of Special Vessel Services, Area Manager of North America Operations, and lastly, Manager of Technical Services until 2018.
  • John Peter (J.P.) Laborde III, President of LabMar, commented We are very pleased to have Richard Heausler join LabMar as General Manager.

Hornbeck Offshore Enters Into Restructuring Support Agreement For Comprehensive Balance Sheet Restructuring

Retrieved on: 
Tuesday, April 14, 2020

The Restructuring Support Agreement provides for payment in full of all vendors and employees.

Key Points: 
  • The Restructuring Support Agreement provides for payment in full of all vendors and employees.
  • The Company expects the pre-packaged Chapter 11 reorganization to be completed very quickly with the support of its creditors.
  • Pursuant to the Restructuring Support Agreement, these forbearances are extended contemporaneously to the relevant dates in the Restructuring Support Agreement.
  • Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, new generation offshore service vessels primarily in the Gulf of Mexico and Latin America.

Hornbeck Offshore Announces Third Quarter 2019 Earnings Release And Conference Call Schedule

Retrieved on: 
Tuesday, October 8, 2019

COVINGTON, La., Oct. 8, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it will release its third quarter 2019 financial results after the market closes on Wednesday, October 30, 2019.

Key Points: 
  • COVINGTON, La., Oct. 8, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it will release its third quarter 2019 financial results after the market closes on Wednesday, October 30, 2019.
  • In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Thursday, October 31, 2019 at 10:00 a.m. Eastern (9:00 a.m. Central).
  • Also, an archive of the webcast will be available after the call for a period of 60 days on the "IR Home" page under the "Investors" section of the Company's website.
  • Hornbeck Offshore Services, Inc. is a leading provider of technologically advanced, new generation offshore service vessels to the energy industry primarily in the Gulf of Mexico and Latin America.