Hornbeck Offshore has raised $241m to part fund an ambitious newbuilding programme through a share offering where an over allotment option was fully taken up.

The Louisiana based company was looking to raise at least $210m but the over allotment pushed the gross proceeds higher.

The capable 13,400-hp 8,400-dwt HOS Achiever (built 2008)
The shares were on offer at $30 each so a discount to the $32.04