Tidewater's management on the offshore inflection $TDW
Yet Another Value Podcast
The Average Day Rate in a Similar Market Environment Would Be Significantly Higher Than 18 and 1 Half Again
Since that time, so almost a decade ago now, there's been a variety of things that have happened to the fleet. One is, as we've sold a lot of older, smaller vessels that at that time, or just even now, just generate a lower day rate. And additionally, since that time, we've acquired new vessels, namely through the SWAR acquisition, that are larger and bigger and more equipped. We think that the average day rate in a similar market environment would be meaningfully higher than 18 and 1 half again. But the fleet is not the same now as it was then. So we are much more positive on kind of the aggregate day rate power, if you
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