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

Wilson Sons Looks Forward to Rio Grande Container Terminal Expansion

Wilson Sons Looks Forward to Rio Grande Container Terminal Expansion

Cavotec Introduces Crane Operation Energy System

Cavotec Introduces Crane Operation Energy System

Inherited Ship Conditions Could Increase Litigation Exposure for Ship Managers

Inherited Ship Conditions Could Increase Litigation Exposure for Ship Managers

ZESTAs Announces Global Liquid Hydrogen Alliance

ZESTAs Announces Global Liquid Hydrogen Alliance

Subscribe for Maritime Logistics Professional E‑News

What sites have been attacked by Ukraine?
In Thailand, a freight train collision with a bus has resulted in at least eight deaths and 32 injuries
China searches for six missing persons after truck plunges into river during heavy rain