Offshore carrier Tidewater wants to dispose of nearly 50 supply vessels

US offshore shipping line Tidewater has selected a total of 46 ships to be offloaded during 2020, according to a financial report showing increased revenue but a deficit on the bottom line.

Photo: PR/Tidewater

US-based shipping company Tidewater wants to dispose of a large number of supply vessels this year.

The carrier plans to offload a total of 46 ships during 2020, according to its annual report. Tidewater considers the ships to be of "lower specification".

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