Are IMO regulations tough enough to keep national governments from imposing stricter measures?

Only partly
No--expect a slew of regional regs!

Marine Log

August 21, 2007

Larry Francois named CEO and President of Delta Towing

Hercules Offshore, Inc. (Nasdaq: HERO) has appointed Larry Francois as CEO and President of its Delta Towing subsidiary, effective August 20th.

Delta Towing, a subsidiary of Hercules Offshore, operates a fleet of 96 marine vessels, including 42 inland tugs, 18 offshore tugs and 36 crew boats, as well as 60 barges, including 30 deck barges, 17 shale barges, four spud barges and one offshore barge in the Gulf of Mexico.

Larry Francois has over 30 years of industry experience, most recently serving as Sr. VP Operations for Trico Marine Services, Inc., where he was primarily responsible for worldwide operations, sales and marketing.

Earlier in his career, Mr. Francois held numerous operational and management positions in the marine industry, including President of Seabulk Offshore, Division Manager Domestic Operations for Tidewater, Inc., and various management positions with Zapata Gulf Marine Corporation, The Western Company of North America, and Dillingham Maritime.

Randy Stilley, CEO and President of Hercules Offshore, Inc., stated; "We are extremely pleased to have Larry join the Hercules Offshore team. He brings a wealth of marine industry experience to the job, and will allow us to evaluate a number of opportunities for maximizing the value of Delta Towing for our shareholders."

Headquartered in Houston, Hercules Offshore operates a fleet of 33 jackup rigs, 27 barge rigs, 65 liftboats, three submersible rigs, nine land rigs, one platform rig and a fleet of marine support vessels.