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Hornbeck Offshore Services, Inc. (NYSE: HOS) reports that its has closed its underwritten public offeringof 8,050,000 shares of its common stock at a price to the public of $30.00 per share, for total gross proceeds of approximately $241,500,000 before underwriting discounts, commissions and offering expenses.  This includes 1,050,000 additional shares of common stock purc ...

Norway's Vestdavit has developed a sliding davit that permits easy handling and maintenance of rescue craft in Artic conditions.Vestdavit's PLR-3600 MOB/FRC davit is DNV and ABS approved for work in -40 degree C and can handle MOB boats and Fast Rescue Craft safely in Arctic conditions.The PLR-3600 Arctic davit is built from specialized steel and all ...

Trailer Bridge, Inc. (NASDAQ: TRBR) today announced that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. The petition was filed in the U.S. Bankruptcy Court for the Middle District of Florida.Trailer Bridge says its filing of Chapter 11 comes one day after its $82.5 million 9.25 percent Senior Secured Notes became due.  I ...

The National Transportation Safety Board has issued a preliminary report that says a chemical tanker that hit a containership in the Houston ship channel last month was trying to avoid a fuel barge and towboat.Following is taken from the NTSB preliminary report.At 0906 central daylight time (CDT) on Saturday, October 29, 2011, the 799-foot Greek-flag chemical ...

Keppel Offshore & Marine reports that its Keppel Singmarine subsidiary has secured two contracts from Indonesian customers worth a total of about S$47 million.The first contract is for a coal transshipment barge for repeat customer PT Indo Straits Tbk, through its subsidiary company PT Pelayaran Straits Perdana. The second is for the construction of thre ...

H.R. 2838, The Coast Guard and Maritime Transportation Act of 2011, passed the U.S. House of Representatives today by voice vote.  The bill is intended as a fiscally responsible reauthorization of the U.S. Coast Guard, which includes programmatic reforms to help ensure the Service can better utilize resources and more efficiently replace its aging assets. The Trans ...

Should classification societies get into the business of ship design? ABS President and Chief Executive Officer Christopher J. Wiernicki thinks not. He says that the move into ship design by some classification societies creates a fundamental conflict of interest with their role as independent providers of safety approval and certification.Mr ...

An IMO-commissioned study into the impact of mandatory energy efficiency measures for international shipping shows that implementation of the measures will lead to significant reductions of greenhouse gas (GHG) emissions from ships, specifically reductions of carbon dioxide (CO2), resulting from enhanced fuel efficiency.The study found that, by 2020, an average of 151.5 million t ...

The State of Alaska's Department of Environmental Conservation (ADEC) has awarded a contract to Crowley Maritime Corporation to continue administering the state's Ocean Ranger program, effective November 2011.The contract directs Crowley to recruit, hire, train and organize the logistics of placing Ocean Rangers on board cruise ships each season to act as independent ...

Alastair Evitt told today's Annual General Meeting of InterManager that the horrors of piracy have dominated his first year of as President of the international trade association for the ship management industry.Mr. Evitt, who is Managing Director of Meridian Marine Management, said that the fight against global piracy is a priority for his presidency and he ...