Home Icon > About Us > News > Tidewater Upbeat on Offshore Support Vessel Market Recovery

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...

WP_Post Object ( [ID] => 286333 [post_author] => 5 [post_date] => 2023-03-01 23:01:02 [post_date_gmt] => 2023-03-01 23:01:02 [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 ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => tidewater-upbeat-on-offshore-support-vessel-market-recovery [to_ping] => [pinged] => [post_modified] => 2023-03-01 23:01:02 [post_modified_gmt] => 2023-03-01 23:01:02 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=178202 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )