Yet Another Value Podcast cover image

Tidewater's management on the offshore inflection $TDW

Yet Another Value Podcast

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app