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 ..
Tag: Tidewater
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 ..
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 ..
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, ..
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 ..
The first quarter was another miserable one for the offshore sector, as across the board marine and drilling companies lost money. Both Vantage Drilling and Noble ..
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 ..
Tuesday, December 10 saw the transport strike in France against President Macron’s changes to the pension law grind towards its second week, with most trains and buses ..
Lotto tickets are typically a tax on the poor and stupid, who spend a disproportionate share of their much-needed income buying dreams of a better future, ..
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