The world’s largest offshore support vessel (OSV) owner and operator Tidewater Inc. is optimistic that the recovery for a continued recovery of the offshore vessel market as demand for oil and gas supplies increases. Tidewater saw rise last year to $647.7 million, an increase of 74.6% compared 2021 thanks to its acquisition of Swire Pacific Offshore. Overall, the Houston-based company reported a net loss of $21.7 in 2022, compared to a $129 million loss a year earlier. “As we mentioned in this...
https://gcaptain.com/tidewater-upbeat-on-offshore-support-vessel-market-recovery/