摘要: |
On the last trading day of the second quarter, the WorkBoat Composite Index was on track for healthy gains. The index was up over 11% for the month and over 2% for the quarter. Tidewater Inc. posted big gains during the quarter. During its recent quarterly earnings call in May, the company commented that the market has remained strong despite the recent pullback in oil prices. "Since 2024, anytime there has been a pullback in oil price or uncertainty in the global economy, it has been used to delay chartering decisions or, at the very least, to reset price talk, " said Quin-tin Kneen, Tidewater's president and CEO. "This has not happened this time, and we take it as a good sign that our customers and more importantly, our competitors realize that the world is short of all vessel types in all geographies." The first quarter was positive for Tidewater and that continued during the second quarter. The recovery in the offshore service vessel market continues. |