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Tidewater Achieves Unmatched Support and Local Services with New Global Value Agreement with Caterpillar
Largest Fleet Operator in the OSV industry relies on Caterpillar for Global Support
December 2022
Houston, Texas – Caterpillar and Tidewater, a global leader in the offshore industry, signed a Global Value Agreement (GVA) designed to provide unmatched support and exceptional local service to customers. Through the GVA, Caterpillar will support Tidewater’s diverse fleet of over 125 OSV vessels with digitally connected solutions enabling efficiency across the Cat® powered engines and increasing uptime of their vessels.
Effective November, this agreement will cover Tidewater’s entire global fleet including newly acquired assets from Swire Pacific Offshore (SPO). In addition, each OSV vessel will be supported by a dedicated fleet manager, 24/7 digital monitoring, and overhaul planning.
“This agreement pairs Caterpillar and Tidewater's vision for unmatched support and exceptional local service for their global OSV fleet. The scope includes Caterpillar's fleet management, digital tools and the service of our world class dealer network to deliver the highest level of operational performance,” commented Brad Johnson, vice president of Caterpillar Marine.
More information is available at: Caterpillar Marine
About Caterpillar Marine:
Caterpillar Marine, with headquarters in Houston, Texas, offers premium power solutions for a wide range of marine applications. With decades of experience designing engines and aftertreatment solutions, Caterpillar Marine products set the standard for quality, performance, and reliability. Caterpillar is dedicated to being your service provider on the water to provide engine and operational success. With Customer Value Agreements (CVAs), customers can take advantage of an extensive array of service options that can be tailored to their specific needs. Combined with our digital solutions, a CVA can provide valuable insights to engine health and performance. The global sales and service network is ready to support customers in tug, offshore, inland waterways, fishing, governmental, dredge, ferry, and yachting wherever they are.
More information is available at: www.cat.com/marine
About Caterpillar
With 2021 sales and revenues of $51.0 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels.
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