GulfMark Offshore Company News

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Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Monday, July 16, 2018 Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.

GulfMark Offshore Ends 4Q on a High Note
Wednesday, February 27, 2013 GulfMark Offshore is set to expand its earnings power in 2013 and into 2014.

GulfMark Offshore Reports 1Q Operating Results
Wednesday, April 28, 2010 GulfMark Offshore announced results of operations for the three months ended March 31, 2010.

GulfMark Offshore's Year End '09 Revenue Down 6%
Thursday, February 25, 2010 GulfMark Offshore announced results of operations for the three months and year ended December 31, 2009.

GulfMark Offshore Completes Reorganization
Wednesday, February 24, 2010 GulfMark Offshore completed its reorganization with its former parent, with the Company being the surviving corporation in the merger transaction.

GulfMark Completes New $200MM Term-Loan Facility
Friday, December 18, 2009 GulfMark Offshore has completed a new $200 million term-loan facility, which replaces a similar facility maturing June 30, 2010.

GulfMark Offshore Reports Quarterly Operating Results
Wednesday, October 28, 2009 GulfMark Offshore has announced results of operations for the three and nine months ended September 30, 2009.

GulfMark Offshore Reorganizes Business
Thursday, October 22, 2009 The business, operations, assets and liabilities of New GulfMark immediately after the Reorganization will be the same as the Company's business, operations, assets and liabilities immediately prior to the Reorganization.

Keppel Delivers 2 Offshore Support Vessels to GulfMark, Lukoil
Friday, July 31, 2009 Keppel Singmarine has delivered an Anchor Handling Tug/Supply, Sea Comanche, to GulfMark Offshore and a Multi-purpose Duty Rescue Vessel, LANGEPAS to Lukoil, respectively.

GulfMark Offshore Says Farewell to CFO
Monday, June 29, 2009 GulfMark Offshore announced that after 10 years with the company, Edward A. Guthrie, GulfMark's Executive Vice President and Chief Financial Officer, is retiring effective today.

GulfMark Offshore Reports Q1 2009 Results
Monday, April 27, 2009 GulfMark Offshore announced results of operations for the three months ended March 31, 2009. Net income for the first quarter of 2009 was $14.2 million.

GulfMark Takes Impairment Charge for Construction Stopped on 3 Vessels
Thursday, April 16, 2009 GulfMark Offshore announced that a shipyard contracted to construct three vessels for the Company is in default of the contract and construction has ceased.

GulfMark Offshore Elects Brian Ford to Board of Directors
Thursday, March 19, 2009 GulfMark Offshore announced that Brian R. Ford has been elected to serve on the Company's Board of Directors.

GulfMark Offshore Appoints 2 New Vice Presidents
Friday, February 27, 2009 GulfMark Offshore announced the appointment of two new officers that will strengthen its operational and infrastructure capabilities.

GulfMark Expands Global Operations, Exits 2008 with Record Profits
Monday, February 23, 2009 GulfMark took significant steps in 2008 to increase its global footprint through the addition of the 22 vessel Gulf of Mexico fleet provided through the Rigdon Marine acquisition. Revenue also increase 35% compared to 2007.

GulfMark Offshore Makes Management Changes
Tuesday, December 09, 2008 GulfMark has announced the appointment of three individuals to undertake key positions in the development and improved capacity of the company's accounting, finance and internal audit/compliance functions.

GulfMark Offshore Appoints New Officers to Strengthen Operations
Friday, November 21, 2008 GulfMark Offshore has announced the appointment of new officers designed to strengthen operations, marketing, business development and finance functions.

GulfMark Offshore Grows Quarterly Revenue by 67%
Wednesday, October 29, 2008 GulfMark Offshore has announced results of operations for the third quarter and nine months ended September 30, 2008.

GulfMark Offshore Reports Record Second Quarter
Tuesday, July 29, 2008 GulfMark Offshore announced earnings per share of $2.00 for the second quarter and $3.40 for the first half of 2008, the highest quarterly and first half earnings per share in the company's history.

GulfMark Completes Acquisition of Rigdon
Wednesday, July 02, 2008 GulfMark has closed on the previously announced acquisition of Rigdon Marine. The combined company will initially operate 90 vessels with an additional 16 vessels under construction for delivery through 2010.

GulfMark Names Quintin Kneen VP of Finance
Tuesday, June 10, 2008 GulfMark Offshore has appointed Quintin V. Kneen as Vice President-Finance. Previously, Mr. Kneen was Vice President-Finance & Investor Relations for Grant Prideco, serving in executive finance positions there since June 2003.

GulfMark Snatches Up Rigdon Marine
Thursday, May 29, 2008 GulfMark Offshore has entered into a definitive purchase agreement to acquire Rigdon Marine Corporation , a major operator of technologically advanced offshore supply vessels.

GulfMark's $1.40 EPS Sets New Benchmark for 1st Quarter Earnings
Wednesday, April 30, 2008 Revenues of $83.3 million for the 1st quarter 2008 grew 27% over the prior year 1st quarter.

GulfMark Offshore Q4 Revenue up 20.7%, Surpassing Records
Monday, February 25, 2008 GulfMark Offshore reported Q4 revenue of $91.5 million was 20.7% higher than previous record of $75.8 million in the 3rd quarter 2006.

GulfMark Reports 3Q Results and $130 Million Add to New Build Program
Friday, November 02, 2007 Gulfmark GulfMark Offshore reports results of $31.2 million in net income for the third quarter 2007 and the $130 million addition to the new build program.

Keppel Singmarine Delivers Offshore Supply Vessel
Monday, October 29, 2007 Keppel Singmarine has successfully delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc.

GulfMark Offshore Reports Fifth Consecutive Record Quarter
Thursday, August 02, 2007 GulfMark Offshore reported record revenue, operating income, net income and cash flow from operations for both the second quarter and first half of 2007.

GulfMark Offshore to List on NYSE
Monday, July 09, 2007 GulfMark Offshore has filed an application to list its common stock on the New York Stock Exchange.

GulfMark Announces Record Q4 and Full-year Results
Monday, February 26, 2007 GulfMark Offshore, Inc. announced net income of $30.6 million, or $1.42 per diluted share on revenue of $69.0 million for the quarter ended December 31, 2006.

Streeter Tapped to Lead GulfMark
Monday, December 11, 2006 GulfMark Offshore, Inc. on Monday announced the election of Bruce A. Streeter as Chief Executive Officer of the Company by the Board of Directors.

GulfMark Looks to Raise at Least $76.9M
Tuesday, December 05, 2006 GulfMark Offshore, Inc. said that it has agreed to issue and sell 2,000,000 shares of its common stock to Jefferies & Company, Inc. at a price of $38.50 per share.

GulfMark Offshore Makes Changes to Fleet
Wednesday, October 18, 2006 GulfMark Offshore has completed the sale of the Highland Patriot, the Highland Sentinel, the delivery of the newbuild Sea Sovereign, and the acquisition of an option vessel, Hull 861B.

GulfMark Offshore Closes New Loan Facility
Friday, June 09, 2006 GulfMark Offshore has closed on a new $175 million loan facility agreement with a group of banks led by DnB NOR Bank ASA.

GulfMark Offshore Takes Delivery of M/V Sea Guardian
Thursday, April 27, 2006 GulfMark Offshore has taken delivery of its latest new construction vessel, M/V Sea Guardian.

Nautronix Wins Contract from Gulfmark Offshore
Monday, April 24, 2006 Nautronix has been awarded a contract to provide their advanced NMS6000 Integrated Vessel Control system on six of Gulfmark Offshore's newbuild vessels.

GulfMark Offshore Exercises Option to Build Second Aker Vessel
Tuesday, January 10, 2006 GulfMark Offshore reports that it has exercised an option to build a second Aker PSV09 design vessel.

GulfMark Offshore Expanding Fleet with Newbuild AHTS
Wednesday, November 30, 2005 GulfMark Offshore acquired a contract to add another newbuild vessel to the Company's worldwide fleet.

GulfMark Offshore Announces Six Vessel, $140 Million New Build Program
Monday, November 14, 2005 GulfMark Offshore has reached an agreement to build six new 10,700 BHP Anchor Handling, Tug Supply (AHTS) vessels for a total cost of approximately $140 million.

GulfMark Offshore Reports Record 3rd Quarter Results
Tuesday, November 08, 2005 GulfMark Offshore says its quarterly results reflect records for quarterly revenue of $53.0 million and net income of $13.0 million, or $0.63 per share (diluted).

GulfMark Offshore Announces Fleet Expansion
Monday, August 01, 2005 GulfMark has elected to purchase the vessel where the Company held a first right of refusal. This vessel is an identical sister ship to the vessel purchased earlier this year by GulfMark which is currently being built in China, a 5,150 BHP, 60 ton bollard pull AHTS.

GulfMark Offshore Acquires Platform Supply Vessel
Wednesday, December 08, 2004 GulfMark Offshore has acquired the Waveney Citadel, a 2003 built UT755L design platform supply vessel from Waveney Shipping

GulfMark Offshore Reports First Quarter 2004 Results
Friday, April 30, 2004 GulfMark Offshore announced a net loss for the first quarter of 2004 of $3.9 million, or $0.19 per share (diluted), on revenues of $31.6 million.

GulfMark Revises Newbuild Delivery Schedule
Wednesday, April 16, 2003 GulfMark Offshore has agreed to changes in its new vessel delivery schedule. The accelerated schedule will move forward the next UT 722L design anchor handler, Highland Valor, to the beginning of July.