GulfMark Offshore Announces the Appointment of Senior Vice President of Sales & Business Development

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HOUSTON, Aug. 12, 2015 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. GLF today announced the appointment of Van DeWitt to Senior Vice President of Sales & Business Development.

GulfMark appointed Van DeWitt to the newly created position of Senior Vice President of Sales & Business Development. Mr. DeWitt brings over 35 years of hands-on offshore marine transportation service industry experience to GulfMark, including past Senior Executive roles at several privately and publicly held marine transportation services companies. His expertise includes strategic planning, new business development, sales, contracts, operations and a wide variety of specialized time charter businesses. He has extensive executive experience in global operations and at oil service firms of all sizes. Mr. DeWitt holds an Executive MBA and Bachelor of Business Administration from the University of Houston.

Quintin Kneen, President and Chief Executive Officer commented on the appointment, "I am pleased to welcome Van aboard. He is a seasoned executive who brings to GulfMark decades of industry experience and an extensive network of global customer contacts.  He has successfully worked with and led growth-oriented, value-focused teams within our industry. I anticipate his network of contacts, creativity and industry acumen will prove valuable to GulfMark and help us to more efficiently serve our customers with superior service throughout the industry cycles."

GulfMark Offshore, Inc. provides marine transportation services to the energy industry through a fleet of offshore support vessels serving major offshore energy markets in the world.

Certain statements and information in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. All comments concerning our expectations for future revenues are based on our forecasts for our existing operations. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: the price of oil and gas and its effect on offshore drilling, vessel utilization and day rates; industry volatility; fluctuations in the size of the offshore marine vessel fleet in areas where the Company operates; changes in competitive factors; delays or cost overruns on construction projects, and other material factors that are described from time to time in the Company's filings with the SEC, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Consequently, the forward-looking statements contained herein should not be regarded as representations that the projected outcomes can or will be achieved. These forward-looking statements speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

CONTACT: Michael Newman Investor Relations E-mail: Michael.Newman@GulfMark.com (713) 963-9522

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