Marine Link
Friday, March 29, 2024

Tidewater Eyeing Superior Offshore Assets

Maritime Activity Reports, Inc.

April 10, 2008

The CEO of Tidewater Inc said his company is evaluating assets from Superior Offshore International which last week warned of limited liquidity, Reuters reported
said the process was in the very early stages for Tidewater, which is the world's largest provider of offshore supply boats to the energy industry.
On April 1, Superior Offshore, which provides subsea construction and commercial diving services, said it hired the investment back of Tudor, Pickering, Holt & Co. to explore strategic alternatives, including a possible sale.

Source:  Reuters

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week