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

Transportation Secretary, Port of Corpus Christi to Explore Nuclear Maritime Technologies

Transportation Secretary, Port of Corpus Christi to Explore Nuclear Maritime Technologies

Crowley Adds Container Service Connecting Port Houston and Central America

Crowley Adds Container Service Connecting Port Houston and Central America

Attacks on Shipping Shut Down Black Sea Grain Exports

Attacks on Shipping Shut Down Black Sea Grain Exports

HDI Global Shares H1 2026 Earnings Growth

HDI Global Shares H1 2026 Earnings Growth

Subscribe for Maritime Logistics Professional E‑News

Mexico races to remove record seaweed growth from Caribbean beaches
Hurricane Lala causes thousands of Hawaiians to lose power amid 'life-threatening conditions'
Foreign borrowers flood Asia-Pacific bonds markets with everything from kangaroos and dim sum to kangaroos.