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

Kai Schulte-Schrepping Appointed as Head of Liability Global Risk at HDI Global

Kai Schulte-Schrepping Appointed as Head of Liability Global Risk at HDI Global

Marcura Launches Husbandry Solution to Target Vessel OPEX Gap

Marcura Launches Husbandry Solution to Target Vessel OPEX Gap

Report Reveals Continued Labor Rights Gap for Sea Workers in Europe

Report Reveals Continued Labor Rights Gap for Sea Workers in Europe

Knowles tapped by Cool Carriers as New Zealand Rep

Knowles tapped by Cool Carriers as New Zealand Rep

Subscribe for Maritime Logistics Professional E‑News

Maguire: Early heatwave in Asia signals potential summer pressure on coal and gas
Top recycler GMS receives US approval for scrapping ships that are sanctioned
SEFE, a German company, and Ksi Lisims Liquefied Natural Gas (Canada) Ltd. have agreed to a long-term supply of LNG