Offshore

Tidewater divests more vessels in major fleet clean-up

US-based offshore carrier Tidewater saw its performance taking a dip in the first quarter, with net losses landing at USD 35.5 million. The offshore carrier continued to trim its fleet by selling off vessels.
Photo: PR/Tidewater
Photo: PR/Tidewater
by SØREN PICO

US-based offshore company Tidewater faced a rough start to the year as the company's top and bottom line took a hit in the first quarter.

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