Tag: Tidewater

In Part One (here) we looked at how the biggest names in the offshore sector, Tidewater and Bourbon have drastically shrunk their fleets in the face of pressure from ..

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Even in the depths of the current Covid-19 and oil glut caused global depression, we still learn of the occasional order for or launching of new offshore service vessels ..

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Since the offshore market was plunged into crisis in late 2014, the industry has battled to survive. Hundreds of thousands have lost their jobs, hundreds of vessels have ..

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King Julien, the Lemur leader in the cartoon franchise Madagascar, would be delighted. The ring-tailed primate famously liked to “move it, move it” (here). At last, ..

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It is often hard to untangle luck from business genius, and coincidence from strategy. In 2013, Italian owner Rimorchiatori Riuniti’s offshore unit Finarge ordered a ..

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As the oil price continued its recovery above the key US$40 per barrel price, many offshore players have been busy adopting the age-old strategy of “extend and ..

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