Tidewater Vessel Sales Hits a Glitch

Monday, April 04, 2005
Tidewater Inc. said the prospective purchaser of up to six of its KMAR Anchor Handling Vessels advised Tidewater at the close of business on April 1 that, although the purchaser intended to continue its efforts to complete the transaction at the price and on the terms previously agreed, it had not been successful in satisfying one of the closing conditions by an agreed date. Tidewater had previously announced the proposed sale in mid-March. Given this development, Tidewater will continue discussing a sale of the vessels with the purchaser on a non-exclusive basis, but will also evaluate offers from other third parties, should any be made, and retains the unilateral right to accept a proposal for the vessels that it deems in its sole discretion to be superior.
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Workboats

Van Oord Dredger Returns to Gibdock

Part of the Van Oord fleet, the 137-meter-long trailing suction hopper dredger, Lelystad, has been through an extensive program of works at Gibdock in Gibraltar.

MN 100: Crowley

9487 Regency Square Boulevard Jacksonville, FL 32225 Tel: (800) 276-9539 Email: corpcomm@crowley.com  Website: www.crowley.com Chairman & CEO: Thomas B.

CAG Finance New SF Bay Tugboat

Capital Access Group (CAG) says that its $10.4 Million 504 Loan has enabled the acquisition of  a powerful, 85-ton tractor tugboat for San Francisco Bay – Baydelta Maritime's 'Delta Audrey'.

Education/Training

Crane Operator Alert: Certification Requirement

Although OSHA Stakeholders have voted to extend the final deadline in four different meetings, the deadline has not been officially extended by US Government agency OSHA as of yet,

Last Call for Netherlands Marine Propulsion Course

The Marine Propulsion Course this autumn is almost sold out. In this course you will be trained to understand the specific characteristics of ships, engines, transmission systems,

Webb Institute Selects Crowley Scholarship Recipients

Webb Institute, a four-year college specializing in naval architecture and marine engineering, announced the 2014-2015 recipients of Crowley Maritime Corp.’s Thomas B.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0751 sec (13 req/sec)