Tidewater and GulfMark combine to create industry’s largest OSV fleet


U.S.-based OSV operator Tidewater and its compatriot GulfMark Offshore have decided to combine to create a new player with the largest fleet in the OSV sector. 

The two companies informed on Monday that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies.

This combination, if consummated, will create a global offshore support vessel provider positioned to capitalize on significant cost synergies and superior growth opportunities as the OSV sector recovery gains traction, the two companies said in a joint statement on Monday.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s