TIDEWATER MARINE
TIDEWATER MARINE News
Solstad Offshore Wraps $580M Sale of PSV Fleet to Tidewater, Exiting the Business
Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business.Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for transporting essential supplies and equipment to offshore oil and gas platforms and drilling rigs…
Engine Overhaul for Tidewater PSV in Aberdeen
Marine engineering and propulsion specialist Royston has completed the rapid overhaul of a diesel power plant system onboard a Tidewater Marine operated platform support vessel.Royston engineers undertook the 18,000 running hours service of a Scania DI12 harbor generator, which is onboard the 80m length Highland Chieftain, while the vessel was moored in Aberdeen.The work involved the generator being disassembled with manifolds…
Tidewater Orders NES Battery Package for PSV
Tidewater, one of the world's largest owners of offshore support vessels, will upgrade one of its platform supply vessels (PSV) North Pomor with a new battery package.Norway…
Tidewater Inks Fleet Management Software Deal with Tero Marine
Offshore service vessels owner Tidewater has signed a partnership agreement with Tero Marine to provide consultancy services and the fleetwide implementation of Tero Marine’s TM Master fleet management software suite.The move is part of Tidewater's wider initiative aiming to transform its fleet to global systems and processes, create efficiencies through automation, digitalization to connect and integrate onshore and offshore, and scalability to optimize fleet efficiency for new acquisitions.
Anderson Joins Tidewater Board
Offshore support vessel (OSV) owner Tidewater Inc. announced Wednesday the appointment of Darron M. Anderson to its Board of Directors, effective immediately.Anderson has served as President and Chief Executive Officer and as a member of the board of directors of Ranger Energy Services since March 2017. He previously served as President and Chief Executive Officer of Express Energy Services from 2008 to August 2015.
Offshore: OSV Market Report
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers. Though storm clouds persist, there appears a clearing on the horizon.The fate of Offshore Service Vessels (OSVs) is, naturally, closely tied to the price of oil.
The Top 10 Maritime Stories for 2018
Choosing the ‘top stories of 2018’ was, this year, a difficult task. Many compelling story threads played out, dramatically impacting the North American waterfront…
INSIGHTS: John Rynd / President , CEO and Director, Tidewater Inc.
Mr. John Rynd graduated from Texas A&M University with a Bachelor of Arts degree in Economics. He previously served as Chief Executive Officer and President, and…
