Tidewater (marine services)

Tidewater Inc.

Company type	Public
Traded as	NYSE: TDW Russell 3000 Component
Industry	Marine Transportation
Founded	1956
Founder	Laborde Family
Headquarters	Houston, Texas, USA
Area served	Worldwide
Key people	Quintin V. Kneen (President, CEO & Director)
Revenue	US$ 648 million (2022)
Operating income	−63,800,000 ±100000 United States dollar (2020)
Net income	$ -22 million (2022)
Total assets	$ 1.3 billion (2022)
Total equity	$ 866 million (2022)
Number of employees	6,300 - 2022
Website	tdw.com

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.

The company was founded in 1956 by a group of investors led by the Laborde family.[1]^[non-primary source needed]

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.[2]

Quintin V. Kneen is the company's president, CEO & Director.[3][4]

References

1. "Tidewater Website".
2. "Bloomberg Profile". Bloomberg News.
3. "Insider Sale: Tidewater Inc (TDW) Director, President & CEO Quintin Kneen Sells 367,094 Shares". Yahoo Finance. 14 June 2024.
4. Lin, Ed. "Tidewater CEO, Director Buy $3 Million of Stock". barrons. Retrieved 2025-01-23.