OSV operators start scrapping more vessels

MARCH 27, 2018 — VesselsValue reports that operators of offshore service vessels are beginning to scrap an increasing number of older vessels, with year-to-date scrapping rates increasing by 153 percent on the

Tidewater adds two to leadership team

MARCH 22, 2018 — Offshore support vessel operator Tidewater Inc. (NYSE: TDW) yesterday announced two additions to its leadership team, appointing David Darling as Vice President and Chief Human Resources Officer and

Rynd named new President & CEO of Tidewater

FEBRUARY 16, 2018 — Publicly traded Tidewater Inc. (NYSE: TDW) announced it has appointed former Hercules Offshore executive John T. Rynd as the company’s new President and Chief Executive Officer and a

Larry Rigdon named Tidewater interim CEO and President

OCTOBER 16, 2017 — Tidewater Inc. (NYSE: TDW) said today that Jeffrey M. Platt has elected to retire effective October 15, 2017 from his roles as CEO, President, and a director of

Tidewater emerges from Chapter 11 bankruptcy

JULY 31, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) reports that effective today, the company and its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing its reorganization

Court accepts Tidewater Chapter 11 reorganization plan

JULY 17, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW), which filed for Chapter 11 bankruptcy protection back in May, reports that the U.S Bankruptcy Court for the District of Delaware

Tidewater to file for Chapter 11 bankruptcy

MAY 12, 2017 — Offshore services giant Tidewater Inc. (NYSE: TDW) plans to file for Chapter 11 bankruptcy protection by May 17. The company said today that it has entered into an

Tidewater: Business as usual as waiver expires

MARCH 28, 2017 — Offshore service vessel provider Tidewater Inc. (NYSE: TDW) announced today that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms

Tidewater shares plummet after bankruptcy warning

OCTOBER 25, 2016 — Shares in offshore services giant Tidewater Inc. (NYSE: TDW) plunged yesterday after the company reported after markets closed Friday that discussions with its principal lenders and noteholders had

Tidewater draws $600 million maximum from revolver

MARCH 16,2016 — Offshore services giant Tidewater Inc. (NYSE: TDW) reported yesterday that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility. The funds

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