The market for offshore oil rigs rigs and offshore supply vessels has experienced a significant increase over the past three years, mainly driven by higher oil prices. The favorable market conditions have led to a higher demand for OSVs, leading to increased usage rates as well as daily rates across the industry. Consequently, the share price of Tidewater Inc. (TDW, Financial), the worldwide leader of OSV operations, has surged 665% in just three years. Even though Tidewater's stock has recently experienced ...