Tidewater Finalizes Acquisition of Wilson Sons Ultratug Fleet
The US offshore vessel operator has expanded its footprint in Brazil following the integration of 22 platform supply vessels.
United States-based offshore vessel owner Tidewater has completed its acquisition of Wilson Sons Ultratug, concluding a transaction that bolsters the operator's international maritime assets.
The finalized purchase strengthens the company's operational position in Latin America, providing enhanced access and capacity across the Brazilian offshore support sector.
As part of the completed deal, Tidewater incorporates a fleet of 22 platform supply vessels into its existing operational footprint.
The integration of the additional tonnage expands the company's vessel supply capabilities as demand continues across key regional energy exploration and production markets.
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