Tidewater Upbeat on Offshore Support Vessel Market Recovery
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 year’s second quarter earnings press release, 2022 marked an inflection point in the recovery of the offshore vessel...
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[post_content] => 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 year’s second quarter earnings press release, 2022 marked an inflection point in the recovery of the offshore vessel...
[post_title] => Tidewater Upbeat on Offshore Support Vessel Market Recovery
[post_excerpt] => 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 ...
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