Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 297

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 297
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 Vessel revenues and operating costs relate to our owned and operated vessels while other operating revenues relate to the activities of our other miscellaneous marine-related businesses.

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     (In Thousands)   Year Ended December 31,  
   2024    2023    2022  
 Americas:             
 Vessel revenues  $261,929  $237,205  $146,871 
             
 Vessel operating costs:             
 Crew costs   87,545   86,328   56,767 
 Repair and maintenance   20,677   17,295   12,706 
 Insurance   2,034   1,891   1,439 
 Fuel, lube and supplies   13,635   13,175   9,655 
 Other   24,391   19,232   13,442 
 Total vessel operating costs   148,282   137,921   94,009 
 General and administrative expense   14,046   15,105   10,926 
 Depreciation and amortization   44,822   41,215   29,920 
 Vessel operating profit   54,779   42,964   12,016 
             
 Additions to properties and equipment  $5,980  $2,916  $4,468 
             
 Total assets  $350,126  $418,151  $309,985 

     (In Thousands)   Year Ended December 31,  
   2024    2023    2022  
 Asia Pacific:             
 Vessel revenues  $210,328  $122,235  $64,231 
             
 Vessel operating costs:             
 Crew costs   88,968   41,940   29,433 
 Repair and maintenance   13,999   9,212   3,077 
 Insurance   1,197   794   516 
 Fuel, lube and supplies   8,834   5,251   4,139 
 Other   10,311   7,751   5,081 
 Total vessel operating costs   123,309   64,948   42,246 
 General