Tidewater Adds 11 Boats To Domestic Fleet

Tidewater Inc., New Orleans, La., announced recently that its marine division, Tidewater Marine Service, Inc., added ten crewboats and one supply vessel to its domestic fleet. All of the vessels will be based on the U.S. West Coast.

"By acquiring high quality, used vessels, such as these, Tidewater is fulfilling its goal of adding to and operating one of the largest, most versatile fleets in the industry today," said John P. Laborde, Tidewater chairman, president, and chief executive officer.

Three large crewboats, Searich, Western Star, and Wendy Star, were purchased May 31, 1990. Built in 1982, the 110-foot, 2,280-hp Searich can accommodate 55 passengers and crew. Western Star, a 105-foot, 1,200-hp vessel, accommodates 65 people, and the 115 foot, 2,280-hp Wendy Star carries 50. Both Western Star and Wendy Star were built in 1981. All are certified by the U.S. Coast Guard.

In a separate transaction with Jackson Offshore, Ltd., Ventura, Calif., Tidewater added seven crewboats and one supply vessel to its fleet by long-term lease. The transaction, effective July 1, 1990, included an option to buy the vessels at the end of the lease. The leased vessels joining Tidewater's California- based fleet are the 165-foot supply vessel, Clipper Grand Cayman; the 105-foot crewboat Pawnee and Shoshoni; the 100-foot crewboats Clipper Hamilton, Clipper Larry, Clipper Jack, and Clipper Johnny; and the 95-foot crewboat, Clipper One. The crewboats can accommodate from 49 to 63 passengers and crew, and are all certified by the U.S. Coast Guard.

Tidewater owns and operates 261 vessels serving the international offshore energy industry.

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