December 4, 2000

Tidewater reorganizes management
Tidewater Inc. has promoted Cliffe F. Laborde, Larry T. Rigdon and Dean E. Taylor to the level of executive VP, reporting directly to chairman, president and CEO William C. O'Malley

Laborde will continue as Tidewater's general counsel. His responsibilities will also include

  • Corporate Administration,
  • Information Technology,
  • Employee Benefits,
  • Insurance and
  • Human Resource Management, including recruiting, personnel, training and vessel crewing, all on a worldwide basis.
  • He will also assume responsibility for overseeing management of Quality Shipyards.

Rigdon will continue his full operations responsibilities for the U.S. Gulf of Mexico, California and Alaska. He will remain the co-chair of Tidewater's new construction program, begun in January of this year, along with DFO Keith Lousteau. Rigdon's additional responsibilities will now include heading Tidewater's Engineering Division as well as offshore towing operations, all Far East operations including Singapore, Malaysia and Indonesia, Australia, the Arabian Gulf, Egypt and the Caspian Sea. Rigdon will also be responsible for coordinating U.S. domestic sales.

Dean E. Taylor will continue with full operations responsibilities in Brazil, Mexico, Trinidad and Venezuela. New areas of responsibility will include Angola, West Africa, Nigeria, and the North Sea. Taylor will also have responsibility for coordinating all international sales activities.

Richard M. Currence and William C. Hightower will begin to transition to retirement. Each will continue in Tidewater's employ through the next two and a half years, and will provide consulting services, as needed, with reduced travel and work requirements.

J. Keith Lousteau, who was promoted to CFO in August on the retirement of Ken Tamblyn, will continue to report directly to O'Malley with responsibility for Finance, Treasury and Tax. As noted, he'll share new construction responsibility with Rigdon.

Proposed rule on cargo securing on vessels operating in U.S. waters
The Coast Guard is proposing regulations to implement cargo securing standards for U.S. and foreign vessels,carrying general cargoes and hazardous materials on international voyages, to parallel the new requirements in Chapter VI and VII of the International Convention for the Safety of Life at Sea (SOLAS).

The Coast Guard is also seeking comments on five options for the future development of cargo-securing regulations for U.S.-certificated vessels carrying hazardous materials in domestic coastwise trade.

Comments and related material must reach the Docket Management Facility on or before March 1, 2001.

The NPR was published in the Federal Register on Friday and you should be able to access it by clicking here.

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