[QUOTE=PLM;68649][B][/B]Since there are several threads here about which OSV company is better, “my stack is taller than yours”, I thought it might be interesting to do a post listing the names of the many OSV companies who have gone bankrupt, been bought out, merged etc.
So, I’ll start here since we have already mentioned [B]TRICO[/B]. I’m sure I’m missing a few so feel free to chime in or make corrections. I added a € before, the names of the European companies that I can think of.
The biggest gobblers;
Tide Water Marine - Who through mergers and acquisitions has (or had) vessels from JACKSON MARINE, TWENTY GRAND TOWING, SEAHORSE, ZAPATA / GULF FLEET, the tug fleet of MCDERMOTT, ENSCO’s OSV fleet &10 of SANKO MARINE’s AHTS vessels. Companies bought outright include HOS(1), € OIL / OSA.
Seacor Marine - Bought out MCCALL, JOHN GRAHAM, GALAXY, € SMIT & ROWANS OSV & AHTS fleet, and through mergers SEABULK / HVIDE MARINE, € FISH, & € VECTOR OFFSHORE
Out of business - EURO PIRATES, BRUCE BOAT RENTALS, OIL & GAS RENTALS, SEAL FLEET, PBR, NAUTICAL INVESTMENTS, OFFSHORE OPERATORS ( various versions of COMAR, although COMAR is still in business).
OFFSHORE LOGISTICS, which became Gulf Offshore and bought out RIGDON MARINE. SEAMAR which was bought by Pool and later sold to HOS(2).
€Group Bourbon bought out €SURF.
Well, I can only think of 30 companies off the top of may head, maybe some of the old hands can add some more.[/QUOTE]
SEALFLEET was sold to Hvide Marine, not just ‘out of business’.