With skilled craftsmen in short supply in U.S. coastal areas, many shipbuilders turn to their own, sometimes extensive, internal training. Because fewer young people are entering shipbuilding out of high school, the industry is faced with an aging workforce that will soon have to be replaced…
Tidewater Chief Taylor Retires After Era of Fleet Growth; Jeff Platt Steps into the Top SpotDean Taylor bid farewell to his post as Tidewater Inc.'s chief executive officer on May 31, following a prosperous, far-flung career of 34 years at the New Orleans-based company…
At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals…
Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors…
Tidewater Inc. announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint venture between Sonangol and Tidewater through which Tidewater markets its…
Platform supply vessel Cindy Brown Tide was delivered to offshore-service giant Tidewater on Oct. 24, and chartered to oil company BP in the Gulf of Mexico. The boat's namesake is someone missed by many. 'The vessel was named for Cynthia Niklaus Brown…
ABS celebrated its 150th anniversary in Washington, DC on 31 January and was recognized by Members of Congress for the classification society’s proud history and unwavering commitment to the American and international maritime community. “I…
ASNE Announces New ASNE Craft Expo in 2012 One of the country's top in-water boat demonstrations, Multi-Agency Craft Conference (MACC), has again been cancelled for 2012, as the American Society of Naval Engineers (ASNE) and NSWCCD Combatant Craft Division (CCD) report that despite best efforts…
On January 1, 2012 American Shipping Group underwent a dramatic transformation. The company, formerly known as ASG, became TOTE, Inc., and experienced a makeover in logo, look and structure.Seeing opportunity for market growth, TOTE, Inc.…
More than a decade ago, deepwater oil production in the Gulf of Mexico surpassed shallow water output for the first time ever. These days, rigs are found hundreds of miles offshore. Companies need to get equipment, employees, fuel and mud to those sites economically and usually on a tight schedule…
Tidewater Inc. announced today a second quarter net loss for the period ended September 30, 2011, of $4.9 million, or $0.09 per share, on revenues of $250.9 million. For the same quarter last year, net earnings were $19.4 million, or $0…
Tidewater Inc. (NYSE: TDW) said that fiscal second quarter financial results for the three months ending September 30, 2011, are currently expected to reflect vessel revenues that are below the $255 million to $260 million range provided by the Company during its August 4…
U.S. Secretary of Transportation Ray LaHood today announced the appointment of 29 members to the new Marine Transportation System National Advisory Council (MTSNAC), established to advise the Department on matters relating to marine transportation…
Tidewater Inc. has announced first quarter net earnings for the period ended June 30, 2011, of $24.6 million, or $0.48 per share, on revenues of $254.6 million. For the same quarter last year, net earnings were $39.8 million, or $0.77 per share…
Tidewater Inc. announced that it is not affiliated with Tidewater Middle East Co. (or any of its affiliates) of Iran, which were the target of new U.S. Government sanctions announced jointly by the U.S. Treasury Department and the U.S. Department of State…
