Tidewater still without creditor deal after huge deficit

US supply giant Tidewater is still left without a deal with lenders or bondholders as the company is fighting to avoid filing for recievership.

by LENA RUTKOWSKI

Listed US-based supply behemoth Tidewater has published its results for the second quarter which shows a net deficit of USD 178.5 million.

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Offshore carrier Tidewater plunges on risk of bankruptcy
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Tidewater still without creditor deal after huge deficit

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Offshore carrier Tidewater plunges on risk of bankruptcy

Offshore behemoth Tidewater books major loss

Idled supply vessels bring the spot market near balance

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

14 arrested at demonstration in front of Maersk headquarters

Jobs