Tidewater to Purchase ROV, Construction Vessel

September 2, 2009

Tidewater Inc. (NYSE: TDW) announced that it has reached an agreement with Aquanos AS for the purchase of the multi-purpose ROV and light construction vessel Aquanos Enabler, currently under construction at STX Europe shipyard in Brevik, Norway. The 311-ft, diesel electric vessel, which is expected to be delivered in January 2010, is equipped with a 100 ton active heave compensating crane, accommodations for 69 persons, firefighting equipment (Fifi I), DP2, a moonpool and a helideck. The vessel also has the cargo capabilities to operate as a large platform supply vessel.
 
Dean Taylor, Tidewater’s Chairman, President and CEO, stated, “We are excited by the opportunity to acquire this vessel with its broad range of capabilities, including the ability to support the full lifecycle of subsea activities. The acquisition of the Enabler accelerates our on-going fleet renewal program at an attractive cost relative to new construction pricing. Additionally, this vessel allows us to continue to offer a variety of enhanced capabilities and safe services, at a competitive price, for our clients’ ever growing requirements around the world.”

Logistics News

Rio Brasil Terminal Receives Two New Quay Cranes

Rio Brasil Terminal Receives Two New Quay Cranes

By the Numbers: Maritime Safety in 2026 — Fewer Losses, Bigger Risks

By the Numbers: Maritime Safety in 2026 — Fewer Losses, Bigger Risks

Markets: When Will Container Shipping Return to "Normal"

Markets: When Will Container Shipping Return to "Normal"

HDI Global Reorganizes US Operations, Welcomes New CEO

HDI Global Reorganizes US Operations, Welcomes New CEO

Subscribe for Maritime Logistics Professional E‑News

Andy Home: The ROI-Congo pivots to the west under the cover of cobalt control
Sources say that Russia has asked Kazakhstan for gas to alleviate shortages.
UN agency reports that ships are already sailing through Hormuz as part of the UN evacuation scheme