Maritime News and Comment
May 2008
DISCIPLINARY
ACTION AT HORIZON LINES. Horizon Lines has
suspended six employees in its Puerto Rico operation and two of them have
resigned. Read Horizon's announcement
here. It's tempting to speculate as to what this means but we will
wait and see. May 29, 2008.
GULFMARK
TO BUY RIGDON. Gulfmark Offshore has
announced that it will buy Rigdon Marine for a combination of cash, stock and
debt assumption that adds up to about $550 million. Read Gulfmark's
announcement
here. See the two companies' fleets below. Note that Gulfmark is
an international operator, with only one US-flag vessel, while Rigdon is
exclusively a US-flag operator. Note also that this deal also takes out Bourbon,
which had a big stake in Rigdon: read Bourbon's announcement
here. May 29/30, 2008.
| The Gulfmark Fleet | The Rigdon Fleet | ||||||||||
| Name | Type | Year Built | LOA | Flag | Where Built | Name | Type | Year Built | LOA | Flag | Where Built |
| Coloso | AHTS | 2005 | 197 | Mexico | Singapore | Orleans | PSV | 2004 | 210 | USA | USA |
| Highland Courage | AHTS | 2002 | 260 | UK | Norway | Bourbon | PSV | 2004 | 210 | USA | USA |
| Highland Endurance | AHTS | 2003 | 260 | UK | Norway | Royal | PSV | 2004 | 210 | USA | USA |
| Highland Valour | AHTS | 2003 | 260 | UK | Norway | Chartres | PSV | 2004 | 210 | USA | USA |
| Hull 310 | AHTS | 2007 | 249 | Panama | Singapore | Iberville | PSV | 2004 | 210 | USA | USA |
| Hull 311 | AHTS | 2007 | 249 | Panama | Singapore | Bienville | PSV | 2005 | 210 | USA | USA |
| Hull 312 | AHTS | 2007 | 249 | Panama | Singapore | Conti | PSV | 2005 | 210 | USA | USA |
| Hull 313 | AHTS | 2008 | 249 | Panama | Singapore | St. Louis | PSV | 2005 | 210 | USA | USA |
| Hull 314 | AHTS | 2008 | 249 | Panama | Singapore | Toulouse | PSV | 2005 | 210 | USA | USA |
| Hull 315 | AHTS | 2008 | 249 | Panama | Singapore | Esplanade | PSV | 2005 | 210 | USA | USA |
| North Crusader | AHTS | 1984 | 236 | Panama | Norway | First And Ten | PSV | 2007 | 190 | USA | USA |
| Sea Diligent | AHTS | 1981 | 192 | Panama | USA | Double Eagle | PSV | 2007 | 190 | USA | USA |
| Sea Eagle | AHTS | 1976 | 185 | Panama | Singapore | Triple Play | PSV | 2007 | 190 | USA | USA |
| Sea Endeavor | AHTS | 1981 | 191 | Panama | USA | Grand Slam | PSV | 2007 | 190 | USA | USA |
| Sea Explorer | AHTS | 1981 | 192 | Panama | Australia | Slam Dunk | PSV | 2008 | 190 | USA | USA |
| Sea Guardian | AHTS | 2006 | 191 | Panama | Indonesia | Touchdown | PSV | 2008 | 190 | USA | USA |
| Sea Intrepid | AHTS | 2005 | 191 | Panama | Indonesia | Hat Trick | PSV | 2008 | 190 | USA | USA |
| Sea Searcher | AHTS | 1976 | 185 | Panama | Singapore | Slap Shot | PSV | 2008 | 190 | USA | USA |
| Sea Sovereign | AHTS | 2006 | 231 | Panama | Indonesia | Home Run | PSV | 2008 | 190 | USA | USA |
| Sea Supporter | AHTS | 2007 | 229 | Panama | Indonesia | Knock Out | PSV | 2008 | 190 | USA | USA |
| Sem Courageous | AHTS | 1981 | 191 | Malaysia | USA | Hammerhead | Fast Supply | 2008 | 181 | USA | USA |
| Sem Valiant | AHTS | 1981 | 191 | Malaysia | USA | Mako | Fast Supply | 2008 | 181 | USA | USA |
| Titan | AHTS | 2005 | 197 | Mexico | Singapore | Black Tip | Fast Supply | 2009 | 181 | USA | USA |
| Aquarius | PSV | 1991 | 233 | Isle of Man | Norway | Tiger | Fast Supply | 2009 | 181 | USA | USA |
| Gargano | PSV | 2002 | 236 | UK | Norway | Sailfish | Crewboat | 2007 | 176 | USA | USA |
| Highland Bugler | PSV | 2002 | 221 | UK | |||||||