Tidewater(TDW) - 2024 Q4 - Annual Report

Part I Business Overview Tidewater Inc. provides marine and transportation services to the global offshore energy industry, operating a diversified fleet of 211 offshore service vessels across five geographic segments About Tidewater and Vessel Classifications Tidewater operates a 211-vessel fleet, primarily PSVs and AHTS, across five geographic segments, supporting offshore energy projects with PSVs contributing 75% of vessel revenue - As of December 31, 2024, Tidewater operates a fleet of 211 offshore service vessels serving customers in over 30 countries[16] - The company's operations are managed through five geographically aligned reporting segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa[16] Vessel Fleet Composition and Revenue Contribution (FY 2024) | Vessel Type | Number of Vessels (as of 12/31/2024) | % of Vessel Revenue | | :--- | :--- | :--- | | Platform Supply Vessels (PSVs) | 139 | 75