Hornbeck Offshore to acquire Superior Achiever

Hornbeck Offshore Services Inc. has agreed with Superior Offshore International Inc. to purchase the Superior Achiever, a T-22 class DP-3 new generation multi-purpose support vessel and related owner-furnished equipment.

Offshore staff

HOUSTON -- Hornbeck Offshore Services Inc. has agreed with Superior Offshore International Inc. to purchase the Superior Achiever, a T-22 class DP-3 new generation multi-purpose support vessel and related owner-furnished equipment.

The MSV is currently under construction at Merwede Shipyard in Holland with an anticipated 4Q 2008 delivery, the company says. Merwede Shipyard also is building for Hornbeck theHOS Iron Horse, a T-22 class DP-3 MPSV of the same design, with an expected 4Q 2009 delivery.

With the pending acquisition of theSuperior Achiever, the company's MSV program now consists of four vessels.

Hornbeck also plans to expand its current offshore supply vessel newbuild program. The company has contracted for the construction of two additional proprietary 240 ED class offshore supply vessels with Atlantic Marine in Jacksonville, Florida, which is the same US shipyard that is currently building four identical sister vessels for Hornbeck. The two new vessels are anticipated to be delivered in 2010.

1/9/2008

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