Tidewater: momentum continues says Kneen
Quintin Kneen, president and CEO of offshore services giant Tidewater Inc. (NYSE:TDW), said he is “encouraged by the continued momentum we saw during the first quarter” as the company released its results
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Tidewater to buy Solstad’s 37 PSVs for $577 million
In a move that will cement its position as the world’s largest operator of offshore service vessels, Houston-headquartered Tidewater Inc. (NYSE: TDW) will pay $577 million to purchase Oslo-listed Solstad Offshore ASA’s
Tidewater CEO: Offshore services recovery is here
“As we look forward into 2023, we are confident that not only is the recovery here, but that the demand for offshore vessels will continue to strengthen throughout this year,” said Quintin
Tidewater marks “a satisfying milestone”
Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) has released third quarter results that see it report positive net income for the first quarterly period since 2017. “Our third quarter performance reinforces our
Tidewater CEO sees happy days near again
Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) today reported second quarter results that saw revenues sharply up and losses reduced. “We believe the second quarter of 2022 marks the inflection point in
Tidewater issues its second sustainability report
Houston headquartered offshore service vessel giant Tidewater (NYSE:TDW) has released its second formal sustainability report, disclosing its environmental, social, and governance (ESG) performance in 2021. In his introduction to the report, Tidewater
Tidewater: Earnings up, red ink down
“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen
Tidewater completes Swire Pacific Offshore acquisition
Tidewater Inc. (NYSE: TDW) has completed its acquisition of Swire Pacific Offshore Holdings Limited (see earlier story). The completion of the $190 million deal adds 50 vessels to the Tidewater fleet and
Tidewater to acquire Swire Pacific Offshore
After a long period in which major offshore services sector players have been concentrating on selling off older vessels and right-sizing their fleets, could we about to see some long-overdue industry consolidation?
Tidewater CEO: “Everything we own should be working by end-2022”
Offshore services giant Tidewater Inc. (NYSE: TDW) reported results for the quarter ending March 31, 2021, that still showed a lot of red ink. But, in a sign that it may see