Tidewater Inc., through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand Tidewater’s global footprint into the Norwegian sector of the North Sea and supplement Tidewater’s experience and vessel fleet operating in harsh [...]
LEEVAC Shipyards Jennings LLC has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. “We are very excited to have another opportunity to build for Tidewater. This [...]
STX OSV Holdings Limited, has announced that Tidewater Inc. has acquired contracts for three Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels for STX Pan Ocean Co. Ltd. in 2010, and Tidewater has now entered into an [...]
Wärtsilä has won a contract to supply ballast water management systems (BWMS) to four platform supply vessels (PSVs) for Tidewater Marine, L.L.C., one of the leading provider of offshore service vessels to the global energy industry. The scope of supply for the vessels, due for delivery from the COSCO (Guangdong) Shipyard in 2014, includes four [...]
Wärtsilä, the marine industry’s leading solutions and services provider, and Tidewater, a leading provider of marine support services for the offshore energy industry markets, both view gas fuelled marine engines as being a logical means for ship owners and operators to comply with increasingly stringent environmental legislation. The use of gas also has the potential [...]
July 16, 2012 | Posted in
Also in the News,
Asia pacific,
Company News,
Equipment & Technology,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS |
Read More »
China based Yuexin Ocean Engineering last week delivered an Anchor Handling Tug Supply (AHTS) vessel to Tidewater Marine. The 69.9m vessel, named Foster Tide, is of Focal Marine & Offshore Corp Ltd. design capable of developing the maximum speed of 14.14 knot. Foster Tide, which can accommodate a crew of 40, is equipped with twin [...]
Tidewater Inc. announced today that Dean Taylor, its President and Chief Executive Officer since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors, and serve as Tidewater’s non-executive Chairman of the Board. Mr. [...]
![USA: Steel Cutting Ceremony for Two Tidewater PSVs]()
Fincantieri Marine Group (FMG) announced that its’ Bay Shipbuilding Company started steel cutting on two (2) 92.4 meter (303’) Platform Supply Vessels (PSVs) of the MMC 887 LH PSV Design from MMC Ship Design of Poland for New Orleans, La.-based Tidewater Marine, LLC, a wholly-owned subsidiary of Tidewater Inc. The “Deepwater” Platform Supply Vessels are [...]
![USA: Tidewater Reports Q1 Net Earnings of USD 24.6 Million for Fiscal 2012]()
Tidewater Inc. announced today first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share, on revenues of $262.5 million. The immediately preceding quarter ended March 31, 2011, [...]
![USA: Tidewater Announces Promotions]()
Tidewater Inc. recently announced the promotions of Nelson Greer, Mark Handin and Darren Vorst to Vice Presidents of Tidewater companies, effective April 1, 2011. Mr. Greer joined Tidewater in 1982, after completing 13 years in the British Merchant Marine. He completed the Harvard Business School General Management Program in 2006, and holds a Chief [...]
