offshore services

Bourbon to suspend payments of loans and debt

JANUARY 3, 2019 — Marseille, France, headquartered offshore services provider Bourbon says it has renewed a general waiver with its leasers and debt holders representing the majority of the group’s debt, thus

Tidewater, GulfMark merger creates OSV giant

NOVEMBER 15, 2018 — Offshore services giant Tidewater Inc. (NYSE: TDW) today announced the successful completion of its merger with GulfMark Offshore, Inc., after the relevant proposals were approved by over 99%

Tidewater reports a red ink quarter

NOVEMBER 12, 2018 — Offshore services giant Tidewater Inc. (NYSE:TDW) today reported a net loss for the three months ended September 30, 2018, of $30.9 million, or $1.16 per common share, on

Solstad Offshore in talks with lenders

OCTOBER 22, 2018 — Underscoring the continuing toughness of the offshore services sector, Solstad Offshore ASA says it is to start talks with its lenders. Solstad Offshore ASA was created by the

Tidewater and GulfMark Offshore to combine

JULY 16, 2018 —Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE: GLF) today announced that the boards of both companies have unanimously approved a definitive agreement to combine the two companies.