Tidewater is positioned as the best way to play the super-cycle in the OSV market. The company has seen a strong increase in day rates and expects rates to continue to rise. TDW has made strategic ...

Tidewater reported strong Q3 results, as dayrates continue to rise in the OSV market. Tidewater provided an upbeat 2024 outlook and is expected to benefit from higher dayrates and contract expirations ...

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A veteran tugboat captain claims Bermuda’s new tugboats, the Faithful and the Powerful, are inadequate for the type of open sea work required for the job. Roy Kenneth Todd also said staff within the ...

Eastern Shipbuilding Group halted work on the U.S. Coast Guard’s Heritage-class Offshore Patrol Cutter program, citing ...

Tugboats are aquatic workhorses, built for power rather than speed, often spraying water while towing ships to celebrate their arrival. Despite their size, tugboats carry an impressive amount of ...