Trico Marine Services Company News

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Trico Appoints New CEO
Trico Marine announced the appointment of Richard A. Bachmann as Chairman of the Board of Directors and interim Chief Executive Officer of the Company.
8:00 PM EST | May 31, 2010
Trico Looks Ahead to Positive Signs
"Looking ahead to the remainder of 2010, we are encouraged by some positive signs in the markets, including increased utilization in our subsea segments and a quarter over quarter increase in our tender book," said Joseph Compofelice.
8:00 PM EST | May 06, 2010
Trico Lands $35MM in New Subsea Contract Awards
Trico Marine Services announced new contract awards representing $50 million in value, approximately $35 million of which are new subsea contract awards for projects in Norway, Mexico, and the United States.
8:00 PM EST | September 09, 2009
Trico Marine Group Snags Subsea Service Contract in Mediterranean
Trico announced that CTC Marine Projects, the Company's trenching and installation division, has been awarded a contract with a value of $20 million for the North Bardawil Project offshore Egypt.
7:00 PM EST | January 06, 2009
DeepOcean Board Recommends Trico Buyout Offer
The Board of DeepOcean has recommended that shareholders agree to the buyout terms offered by Trico Shipping, which include an offer price of NOK 32.00 per share.
8:00 PM EST | June 23, 2008
Trico Buys Up DOF's Shares of DeepOcean
Trico Marine Services, Inc. announced that it had entered into a share purchase agreement, through its subsidiary Trico Shipping, with DOF ASA for the purchase of all of DOF's 35,220,000 shares of DeepOcean ASA at NOK 32 per Share.
8:00 PM EST | June 12, 2008
DeepOcean Board Recommends Trico Offer
Trico Marine Services, Inc. and DeepOcean ASA announce that Trico, through its fully owned subsidiary Trico Shipping AS, has entered into agreements to acquire 55,728,955 shares in DeepOcean.
8:00 PM EST | May 15, 2008
Trico Marine's Q1 Success a Part of Long-Term Strategy
President and Chief Executive Officer, Joe Compofelice, commented, "Our first quarter results reflect the Company's continued success in executing our long-term strategy."
8:00 PM EST | April 29, 2008
Trico Acquires 100% of Active Subsea Shares
Trico Marine Services, Inc. has gained acceptance from 100% of the Active Subsea shareholders and Active Subsea ASA is now 100% owned by Trico.
7:00 PM EST | November 25, 2007
Trico to Offer U.S. $242 Million for Active Subsea
Trico Marine Services is in the process of acquiring Active Subsea for U.S. $242 million.
7:00 PM EST | November 05, 2007
Trico Marine Moving Two Vessels to International Markets
Trico is mobilizing four Gulf class vessels to international markets as part of its continuing implementation of its global strategy designed to move more vessels to higher growth markets with greater prospects for long-term contracts.
8:00 PM EST | September 20, 2007
Trico Marine Appoints Gerald Gray as VP of International Operations
Trico Marine has appointed Gerald Gray as Vice President (Trico Supply (UK)) of International Operations.
8:00 PM EST | August 30, 2007
Trico Marine Reports 2Q07 Results
Trico Marine Services reported 2Q07 quarterly net income of $4.4 million, compared with first quarter 2007 net income of $14.6 million.
8:00 PM EST | July 30, 2007
Trico Marine Appoints Global Director of Technical Services
Trico announces the promotion of Ray Hoover as Global Director of Technical Services.
8:00 PM EST | July 29, 2007
Trico Marine Boosts Management Team with New Appointments
Trico Marine Services has appointed Mike Danford as Vice President of Human Resources and Jim Katosic as Chief Accounting Officer.
8:00 PM EST | July 25, 2007
Trico Marine Appoints Director of Global Sales and Marketing
Trico Marine Services has promoted Tomas R. Salazar to the post of Director of Global Sales and Marketing.
8:00 PM EST | July 18, 2007
Trico Marine Provides 2Q07 Interim Update
Trico Marine expects charter hire revenues for the three-month period ended June 30, 2007 to be in the range of $57 million to $59 million.
8:00 PM EST | July 09, 2007
Trico Prices $125M Private Placement
Trico Marine Services, Inc. on Friday announced pricing of $125 million aggregate principal amount of senior convertible debentures (the "Debentures") through an offering within the United States to qualified institutional buyers.
7:00 PM EST | February 01, 2007
Burke Joins Pride's Board
Pride International, Inc. said that Kenneth M. Burke has been appointed to the Board of Directors upon the recommendation of Pride's Nominating and Corporate Governance Committee.
7:00 PM EST | December 10, 2006
Trico Marine Services to Build Two New Vessels
Trico Marine Services has reached an agreement, effective September 1, 2006, to build two GPA 640, 210' offshore supply vessels for a total cost of approximately $35 million.
8:00 PM EST | September 05, 2006
Trico Reports 19% Jump in Charter Hire Revenues
Trico Marine Services, Inc. late Monday announced its financial results for the quarter ended June 30, 2006, reporting net income of $12.1 million, or $0.80 per share (diluted).
8:00 PM EST | August 07, 2006
Trico Marine Services Names New Senior Veep
Trico Marine Services, Inc. said that it has appointed Robert V. O'Connor as senior vice president of business and strategic development.
8:00 PM EST | July 06, 2006
Trico Marine Enters JV with China Oilfield Services Ltd.
Trico Marine Services has formed a joint venture with China Oilfield Services Limited to provide marine support services mainly in Southeast Asia.
8:00 PM EST | June 29, 2006
Trico Marine Services Names New Senior VP of Operations
Trico Marine Services announces the appointment of Larry D. Francois as Senior Vice President of Operations.
8:00 PM EST | May 22, 2006
Trico Marine Services In Deal to Build New Vessel
Trico Marine has entered into an agreement to build a Marin Teknikk Design MT6009 MKII Platform Supply Vessel for a total cost of approximately $25 million.
8:00 PM EST | April 02, 2006
Trico Marine Services Sees Dramatic Increase in 3Q05 Results
Trico Marine Services says its net income was $8.6 million for the third quarter of 2005, or $0.81 per share (diluted), which represents an increase of 140% compared to the second quarter of 2005.
7:00 PM EST | November 03, 2005
Trico Marine Services Closes Public Offering of Common Stock
Trico Marine Services has closed its sale of 4,273,500 shares of its common stock at a public offering price of $24.00 per share.
8:00 PM EST | October 24, 2005
Trico Marine Services Prices Public Offering of Common Stock
Trico Marine Services says the pricing on October 18, 2005 of 3,900,000 shares of its common stock at a public offering price of $24.00 per share.
8:00 PM EST | October 18, 2005
Trico Marine Services to Offer Common Stock
Trico Marine Services has commenced an underwritten public offering of 3,900,000 shares of its common stock.
8:00 PM EST | October 06, 2005
Trico Marine Services Reports on Vessels Following Hurricane Rita
Trico Marine Services says that based on a preliminary inspection of its vessels based in the Gulf of Mexico, all vessels have been located and none have sustained any significant damage from the impact of Hurricane Rita.
8:00 PM EST | September 26, 2005
Trico Marine Services Says Support Vessel Fleet 100% Operational
Trico Marin Services reports that all vessels are operational and offers information to all crew personnel, employees and customers until the Houma office is restored with power.
8:00 PM EST | August 31, 2005
Trico Marine Services Emerges From Chapter 11
Trico Marine Services has successfully completed its Chapter 11 reorganization and it and two principal subsidiaries have also emerged from bankruptcy.
7:00 PM EST | March 14, 2005
Trico Marine Services Announces Nasdaq Delisting
Trico Marine Services announced that the Company's common stock has been delisted and is no longer eligible to trade on the Nasdaq National Market.
7:00 PM EST | December 16, 2004
Trico Marine Services Announces Nasdaq Delisting
Trico Marine Services reports that the Company's common stock will be delisted from The Nasdaq National Market at the opening of business on December 17, 2004.
7:00 PM EST | December 09, 2004
Trico Marine Services to Restructure
Trico Marine Services, together with its domestic subsidiaries, announced today that more than 67% percent of the holders of the Company's $250 million 8 7/8 senior notes due 2012 have agreed to support a consensual financial restructuring of the Company.
8:00 PM EST | September 09, 2004
Trico Marine Unable to Pay Senior Note Interest
Trico Marine Services will not make the payment of interest due under its outstanding $250 million 8 7/8% senior notes due 2012 following the expiration of a 30-day grace period to make such a payment.
8:00 PM EST | June 15, 2004
Trico Marine Sells Stake in Brazilian AHTS Newbuild Project
Trico Marine agreed to sell its interest in a newbuild construction project for an anchor handling, towing and supply vessel in Brazil.
8:00 PM EST | July 31, 2003