Tidewater Profit Driven By Surging Day Rates and Positive Outlook
Tidewater Inc. (NYSE: TDW), a leading provider of offshore support vessels, reported a substantial improvement in revenue and earnings in the second quarter of
Tidewater Inc. (NYSE: TDW), a leading provider of offshore support vessels, reported a substantial improvement in revenue and earnings in the second quarter of
Speaking at the Marine Money ship finance forum in New Orleans, a representative of VesselsValue said he is optimistic about the offshore industry for the
Houston-based Tidewater Inc. (NYSE: TDW), owner and operators of the world’s largest fleet of offshore support vessels, says this year has marked an
The platform supply vessel CBO Flamengo is set to become the first offshore support vessel in Latin America to be converted to hybrid power. CBO, one of the
DUBAI, March 31 (Reuters) – Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to
By Davide Barbuscia and Hadeel Al Sayegh DUBAI, Aug 27 (Reuters) – Creditors of Abu Dhabi-based Gulf Marine Services (GMS) are close to hiring an adviser
Canada-based Atlantic Towing has entered into a contract with Norwegian ship technology group Havyard for the purchase of a state-of-the-art hybrid
The offshore supply vessel (OSV) sector continues to be in serious trouble despite a rebound in oil prices as too many vessels compete for limited business
By Ruth David and Dinesh Nair (Bloomberg) — Oman’s Renaissance Services SAOG, a service provider to the oil and gas industry, is considering
Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV)
A dive support vessel with 23 crew was forced to issue a mayday call on Monday after a fire broke out in the vicinity of the vessel’s engine room
The world’s largest high-end offshore service vessel company was created Wednesday with the completion of the mergers involving former Norwegian offshore
Finnish technology group Wärtsilä has been selected to supply the engines and propulsion machinery for the first offshore construction vessel to be
Norwegian offshore supply vessel companies Solstad Offshore, Farstad Shipping, and Deep Sea Supply are forging ahead with plans to combine operations with the
A record 450 offshore supply vessels are still scheduled for delivery in 2017 despite a massive oversupply in the market, according to new figures released by
By Tom Hals Feb 28 (Reuters) – A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed
By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday
Statoil Petroleum AS has chartered thirteen vessels, including 9 AHTS and 4 PSVs, for work offshore Norway as the company boosts its exploration activities for
OSLO, Jan 5 (Reuters) – Thorodd Bakken, head of Nordea Norway’s Corporate & Investment Bank, expects more restructuring to take place in the
By Netty Ismail and David Yong (Bloomberg) — Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings
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