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Tag: Tidewater

U.S. temporarily lifts sanctions on Russian oil tankers

Breaking
The temporary authorization will remain in effect until April 11, unless it is extended.

NYK Group fully acquires Saga Welco, a leading open-hatch vessel operator

Business
Saga Welco operates a fleet of 48 open-hatch vessels and offers worldwide semi-liner services originating principally from the east coast of South America.

Tidewater & GulfMark consolidation creates largest OSV fleet

NewBuilds
The consolidation between GulfMark and Tidewater is a positive for the market.

OSV Operators Warn of Continued Weak Day Rates

Business
OSV operators Tidewater, Maersk Group and Bourbon Offshore all warn that the OSV market will continue to suffer from low day rates for the near term. 

Tidewater and GulfMark file definitive proxy statement with SEC

Oil & Gas
Tidewater and GulfMark Offshore have announced the filing of a joint definitive proxy statement and prospectus with the US Securities and Exchange Commission regarding their pending merger.

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