The company will continue to focus on its core business of operating a modern fleet of OSVs primarily in the US Gulf of Mexico.
HOS recently announced newbuild program #5, which consists of a total of sixteen high-technology, new-generation OSV's.
The shipyards VT Halter Marine, Inc of Pascagoula, Mississippi and Eastern Shipbuilding of Panama City, Florida have been separately contracted to build the vessels.
In 2018, Hornbeck Trade Financing (HTF) was launched to provide financial support to companies in the maritime and oil industries.
Through HTF, individual investors have the opportunity to enter the invoice financing industry with super profits.