Marine Transportation Services News

Photo: Bordelon Marine

MTR100: Bordelon Marine

127 East Waguespack Street Lockport, LA 70374 T: 985-532-5333 E: [email protected] W: www.bordelonmarine.com CEO/President: Wes Bordelon No. of Employees: 300   Bordelon Marine provides Marine Transportation services operating in the Gulf of Mexico and around the world. Founded in 1979, as a provider of offshore vessels supporting a multitude of services to the Oil and Gas Industry. The company owns and operates a fleet of modern offshore supply vessels ranging in size and type from DP1 Mini-supply Vessels to MPSV 260 DP2 vessels.  Bordelon Marine offers a full range of

$475 mi Committed Financing for Ocean Rig Apollo

  DryShips Inc.  a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc. of offshore deepwater drilling services, today announced that Ocean Rig has received firm commitments from lenders for up to a $475 million syndicated secured term loan to partially finance the construction costs of the Ocean Rig Apollo. The facility amount is for the lesser of $475 million and 70% of the fair market value of the drillship. This facility has a 5 year term, and approximate 12 year repayment profile, and

Dryships Inks Deal with ENI

  DryShips Inc. a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc. (“Ocean Rig”), of offshore deepwater drilling services, today announced that certain of Ocean Rig’s subsidiaries have entered into an Omnibus Agreement with ENI Angola S.p.pursuant to which ENI has exercised its option to extend the contract for the drillship Ocean Rig Poseidon for a further one year until the second quarter of 2017. As part of the contract extension for the Ocean Rig Poseidon, Ocean Rig has

DryShips Reports 3Q 2014 Results

DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced its unaudited financial and operating results for the third quarter ended September 30, 2014.   Third Quarter 2014 Financial Highlights  For the third quarter of 2014, the Company reported net income of $16.7 million, or $0.04 basic and diluted earnings per share. Included in the third quarter 2014 results are: - Non-cash write offs and

Greece's Dryships AGM Appoints Directors, Auditors

DryShips Inc. (NASDAQ:DRYS) provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., of off-shore deepwater drilling services, announce the results of its 2013 Annual General Meeting of Shareholders. The following proposals were approved and adopted at the AGM: 1. The election of Ms. Chryssoula Kandylidis and Mr. George Demathas as Class C Directors to serve until the 2016 Annual General Meeting of Shareholders; and 2. the ratification of the appointment of Ernst & Young (Hellas) Certified Auditors Accountants

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