Lauro-led OSV operator sells two AHTs, files for Chapter 11

At 9.02 a.m. ET yesterday, Emanuele Lauro led Hermitage Offshore Services Ltd. (NYSE:PSV) reported that it had sold its only two anchor handling tug supply vessels, Then, at 10.56 p.m., the company

Hornbeck Offshore files for Chapter 11 bankruptcy

Hornbeck Offshore Services Inc. (OTCQB:HOSS) and 14 affiliated debtors yesterday filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The debtors’ bankruptcy cases are pending joint administration

Hornbeck Offshore takes another step towards Chapter 11 reorganization

Hornbeck Offshore Services Inc. (OTCQB:HOSS) reported yesterday that it has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged Chapter 11 plan of reorganization. The

Diamond Offshore files for Chapter 11

Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the

Hornbeck Offshore expects to complete Chapter 11 restructuring “very quickly”

Covington, La., based Hornbeck Offshore Services, Inc. (NYSE:HOS, OTCQB:HOSS) reports that it has now reached a restructuring support deal with secured lenders and unsecured noteholders on a balance sheet restructuring of the

Hornbeck Offshore to file for Chapter 11

Covington, La., based Hornbeck Offshore Services (OTCQB:HOSS) plans to file for Chapter 11 bankruptcy protection. In a Form 8K dated March 31, the company reported that it and certain of its subsidiaries

With over $1 billion in liabilities, Bourbon files for court protection

French offshore services giant Bourbon Corporation said today that it has filed to enter court supervised reorganization proceedings (redressement judiciaire) to the Commercial Court of Marseilles. This came after the court rejected

Metal Shark acquires Horizon Shipbuilding assets

JUNE 11, 2018 — Metal Shark, Jeanerette, LA, has acquired the assets of Horizon Shipbuilding, Bayou La Batre, AL, which has operated under Chapter 11 bankruptcy protection since October 24, 2017. The

Court approves Harvey Gulf Plan of Reorganization

MAY 23, 2018 — Harvey Gulf International Marine reports that its final Plan of Reorganization has been approved by the U.S. Bankruptcy Court, Southern District of Texas – Houston Division. The approval

Rand Logistics files for Chapter 11 bankruptcy

JANUARY 31, 2018 — In a filing with the SEC yesterday, Great Lakes operator Rand Logistics, Inc. (OTCMKT: RLOG) reported that, along with certain of its U.S. subsidiaries, it had filed voluntary

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