Vessel operator Rigdon Marine has signed a definitive purchase agreement to sell all of its equity interests to GulfMark Offshore at New Orleans, USA.
The combined company will initially operate 90 vessels, with an additional 16 vessels under construction for delivery through 2010. Geographically diversified, the combined fleets will give GulfMark a significant presence in the domestic Gulf of Mexico as well as the North Sea, Brazil and Southeast Asia, to compliment smaller but growing operating areas in Trinidad, Mexico, West Africa and India. Though GulfMark's corporate headquarters are in Houston, USA, the company has minimal US operations, making the addition and retention of Rigdon Marine's mariners and shore-based management key components of its enhanced operations. More than 300 skilled men and women are currently employed by Rigdon Marine, most working in the US Gulf region, with New Orleans area employment expected to grow to more than 400. Going forward, the Rigdon Marine Team will play a central role in the expansion of GulfMark's presence in the Gulf of Mexico and Caribbean markets.
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