Hornbeck Offshore Services, Inc. (NYSE:HOS) Files An 8-K Other EventsItem 8.01 – Other Events
On May 18, 2018, Hornbeck Offshore Services, LLC, a wholly-owned subsidiary of Hornbeck Offshore Services, Inc., or the Company, closed on the purchase of four high-spec Jones Act-qualified OSVs and related equipment from Aries Marine Corporation and certain of its affiliates to the definitive agreement previously announced in the Company's Quarterly Report on Form 10-Q on May 9, 2018. The purchase price for the vessels was $36.6 million in cash. Two of the vessels are 300 class OSVs and two are 280 class OSVs. The Company plans to introduce the four vessels into its active operating fleet.
About Hornbeck Offshore Services, Inc. (NYSE:HOS)
Hornbeck Offshore Services Inc. provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the United States, Gulf of Mexico, Latin America and selected international markets. Its OSVs and MPSVs support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. It provides vessel management services for other vessel owners, such as crewing, daily operational management and maintenance activities.