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    More details on Hornbeck-Leevac newbuilds

    News // May 13, 2002
    Hornbeck-Leevac Marine Services has announced that its Board of Directors has approved a new vessel construction programme for its wholly-owned subsidiary,Hornbeck Offshore Services.

    This is the company 's third such programme since its inception five years ago - -the first two were seven and six vessel programmes, respectively.

    The current plan is to build eight additional deepwater offshore supply vessels with construction of four 240ft.DP-2 Class vessels to commence as soon as a definitive agreement has been signed with the selected shipyard.

    The company has signed a letter of intent for the first four vessels with one of the shipyards currently constructing vessels for Hornbeck and therefore anticipates promptcontract execution.

    All of the first four vessels are due be delivered by the end of 2003, with the first vessel due out in June 2003.

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