Quintin Kneen

President, Chief Executive Officer & Director, Tidewater

Search every verified Quintin Kneen interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Quintin Kneen, president and CEO of Tidewater, announced in February 2026 that the company had entered into a definitive agreement to acquire Wilson Sons Ultra Tug Offshore for $500 million in an all-cash transaction. The acquisition consists of 22 platform supply vessels (PSVs), all but one of which were working at the time of the announcement. Kneen stated that the addition would increase Tidewater's vessel count in Brazil from six to 28, and he expressed confidence in the company's ability to integrate the new organization. He noted that under local laws, Brazilian-built vessels receive a competitive advantage, and that the acquisition would bring the ability to temporarily place Brazilian flags on foreign vessels. Kneen said he was not assuming any G&A synergies from the deal, but that he hoped revenue synergies from the vessels' redeployment capacity would be significant. In earlier appearances, Kneen described the offshore vessel market as being in a sustained upcycle driven by a supply-demand imbalance in ship owners' favor. He stated that Tidewater generated approximately $350 million in free cash flow in 2024 and expected a similar amount in 2025. Kneen said he had focused acquisition efforts on the Americas, particularly the U.S. Gulf of Mexico and Brazil, but noted that he had not been able to complete a deal in the U.S. market. He also said that share repurchases had been the most value-added use of capital to date. Regarding new vessel construction, Kneen stated that it was not economic to order new builds at prevailing day rates, citing high construction costs and uncertainty about future propulsion technology and the energy transition. He said Tidewater would continue to shift its focus from hydrocarbon activities toward offshore wind, plug and abandonment, and carbon sequestration over the next five to ten years.