Tidewater (marine services)

Last updated

Tidewater Inc.
Type Public
NYSE:  TDW
Russell 3000 Component
IndustryMarine Transportation
Founded1956
FounderLaborde Family
Headquarters Houston, Texas, USA
Area served
Worldwide
Key people
Quintin V. Kneen
(President, CEO & Director)

RevenueDecrease2.svg US$ 979 million (2016)
Decrease2.svg $ -69 million (2016)
Total assets Decrease2.svg $ 4.06 billion (2016)
Total equity Decrease2.svg $ 2.3 billion (2016)
Number of employees
6,550 - March 2016
Website tdw.com
Garza Tide, one of the company vessels Garza Tide107.JPG
Garza Tide, one of the company vessels

Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston,Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.

Tidewater created the "work boat" industry with its 1956 launch of the Ebb Tide, the world's first vessel tailor-made to support the offshore oil and gas industry. Today, Tidewater is the leading and most experienced provider of OSVs in the global energy industry.

Tidewater has a global footprint, with over 90% of its fleet working internationally in more than 60 countries. Around the world, Tidewater transports crews and supplies, tow and anchor mobile rigs, assists in offshore construction projects and performs a variety of specialized marine support services. [1]

Quintin V. Kneen is the company's president, CEO & Director. The company was founded in 1956 by a group of investors led by the Laborde family. [2]

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References

  1. "Bloomberg Profile".
  2. "Tidewater Website".