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

American Association of Port Authorities Advocates for More Drone Restriction Authority in FAA Rulemaking

American Association of Port Authorities Advocates for More Drone Restriction Authority in FAA Rulemaking

Walter Takes CEO Helm at MEYER WERFT

Walter Takes CEO Helm at MEYER WERFT

Nord Gas to Supply LNG Regasification System for Exmar FSRU Conversion

Nord Gas to Supply LNG Regasification System for Exmar FSRU Conversion

ABS Launches Eagle CRoute Containership Solution

ABS Launches Eagle CRoute Containership Solution

Subscribe for Maritime Logistics Professional E‑News

ROI-Putin's diesel export ban risks new fuel shock: Bousso
Maguire: The solar boom in Europe is masking an increasing strain on the power markets.
Asian Airlines' Europe windfall diminishes as Gulf competitors rebound