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Tidewater's management on the offshore inflection $TDW
Yet Another Value Podcast
Day Rate Acceleration Continues to Increase
The larger boats and the tighter regions are going out for more than $30,000 a day for a term work. So that's another $5,000 leap on top of what was what we said in Q3. And you know, you know, bearish by vessel size too. But even in the older vessels and the smaller vessels, you're starting to see significant increases. The momentum and day rate acceleration is continuing to increase and it's continuing to maintain itself. We are very, very encouraged by the day rate environment around the world in all vessel classes.
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