offshore services

GulfMark Offshore files $250 million shelf registration

The form S3 positions the offshore services company to sell up to $250 million in securities “from time to time after the effective date of this registration statement, as determined by the registrant.”

The filing says that the company “will use the net proceeds from the sale of securities sold by us for general corporate purposes, which may include the repayment of debt, acquisitions, capital expenditures and working capital. We may temporarily invest funds we receive from the sale of securities by us that we do not immediately need for these purposes.”

According to the filing, in the nine months ended September 30, 2015, Gullmark Offshore’s losses from continuing operations were $198.6 million.

Bourbon set to keep on stacking

AUGUST 6, 2015 — Paris headquartered offshore services giant Bourbon reported record first half 2015 adjusted revenues of €758.8 million, a 13.1% increase on the equivalent period last year, but down 6.8%

Seaspan Marine has new President

MAY 20, 2015 — Bart Reynolds has joined Seaspan Marine, Vancouver, BC, as President. Seaspan says that Mr. Reynolds will provide vision, leadership and direction for its Marine Division which provides coastal

Vroon takes delivery of ERRV-FSV

JANUARY 28, 20015 —  Vroon today took delivery of VOS Glory at Fujian Shipbuilding Trading in Fuzhou, China. The vessel will now be heading for the North Sea, where she will be

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Vroon christens five newbuilds at Chinese shipyard

NOVEMBER 26, 2014 — Netherlands-based Vroon says that it christened five of its newbuilding vessels in ceremonies held yesterday at Fujian South East Shipyard (FSES) in Fuzhou, China. The vessels christened were

Tidewater results beat the Street

NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues

Gulfmark results dissapoint the analysts

OCTOBER 21, 2014 — “The global offshore vessel market flattened in the third quarter as fewer offshore drilling rigs were utilized than anticipated, and as oil producing companies continued their focus on

HOS beats analysts’ expectations

JULY 31, 2014 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) reported results for the second quarter ended June 30, 2014 that saw upstream revenue and EBITDA set new quarterly highs

Jaccar moves to take majority stake in Bourbon

MARCH 17, 2014 — Jaccar Holdings, the private investment company controlled by Jacques de Chateauvieux, Chairman of the Board of Bourbon, is preparing a bid for the Paris headquartered offshore services giant.

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