offshore services CEO Quintin Kneen

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

Tidewater makes two leadership promotions

Offshore services major Tidewater Inc. (NYSE: TDW) has named Sam Rubio as Chief Financial Officer and David Darling as Chief Operating Officer. “The leadership and ingenuity these two individuals have demonstrated by

Tidewater in fleet-wide roll-out of Inmarsat Fleet Xpress

An agreement with mobile satellite communications leader Inmarsat has seen offshore services major Tidewater Inc. advance its digitalization strategy by upgrading the majority of its active fleet to the Fleet Xpress mobile

Still owing around $1.3 billion, Bourbon will shed more vessels

French offshores services leader Bourbon Maritime says that its recovery plan and a conciliation protocol signed with its creditors were validated on December 14 by the Commercial Court of Marseilles. Bourbon says

Tidewater continues to deal with depressed market

“We are executing on the plan we laid out on the first quarter call after reassessing our business outlook as a result of the pandemic,” said Quintin Kneen, President and CEO of

OMSA-NOIA webinar series underscores collaborative outlook for U.S. offshore wind

The National Ocean Industries Association (NOIA) and the Offshore Marine Service Association (OMSA) yesterday concluded a three-day webinar series that brought together offshore energy leaders and elected officials to discuss the outlook

Tidewater, too, hit by crew change crisis

Offshore services giant Tidewater Inc. (NYSE:TDW) yesterday reported revenue for the three and six months ended June 30, 2020, of $102.3 million and $218.7 million, respectively compared with $125.9 million and $248.0

Restructuring will see Solstad Offshore shed 37 vessels

Skudeneshavn, Norway, headquartered Solstad Offshore ASA reported yesterday that a majority of its creditors — including secured lenders, leasing companies, industrial shareholders and key bondholders — have established a common plan to

Banks take control of Bourbon assets

The assets of French offshore services giant Bourbon, which filed for court protection in back in July disclosing liabilities of over $1 billion, have been sold to a group of leading banks.

Bourbon signs up 100 OSVs for Inmarsat Fleet Xpress

Marseille, France, headquartered offshore services giant Bourbon has signed a contract committing more than 100 offshore support vessels to Inmarsat’s Fleet Xpress maritime broadband service. The deal is a breakthrough offshore services

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