Tidewater Inc. Selects ABS Nautical Systems as its Fleet Management Provider

(Houston, Texas) ABS Nautical Systems today announced that it has been selected by Tidewater Inc. (NYSE:TDW) to trial its fleet management software. With this partnership, ABS Nautical Systems intends to become Tidewater’s global fleet management software provider.  Tidewater would be replacing an internal system with ABS Nautical Systems’ fully integrated software suite to help manage its principal operational functions including maintenance, vessel-initiated requisitions and relevant regulatory requirements.

“Our vendor vetting process was time intensive,” said Bill Scott, Manager, Engineering and Technical Services, Tidewater. “It was imperative that we selected a company that not only had a solid product, but a business plan that echoed ours - at present and into the future.” 

Tidewater will implement several modules from ABS Nautical Systems’ software suite NS5, including Maintenance & Repair, Drydocking, On-Demand Reporting and Web-Based Vessel Drawings, to name a few, as well as interfaces to their current and future ERP solutions. Following a successful Pilot Phase, the modules will be installed in a phased approach on approximately 185 of Tidewater’s vessels over the next 24 months.

“ABS Nautical Systems will provide us with structure in which to schedule and track our maintenance and thus continue to build uniformity throughout our entire organization, while simultaneously and seamlessly integrating our supply chain processes” added Scott.  “We are confident that with the system’s class integration and the assembled team’s experience, this project will be a success.”

As the world’s fastest-growing provider of integrated fleet management software for the maritime industry, ABS Nautical Systems is able to offer standardized, yet flexible solutions for fleet owners and operators to better manage their day-to-day needs. The NS5 suite of software products will help Tidewater manage its daily business functions while increasing crew productivity and reducing operating costs.

“We are pleased to have been chosen as the software solution for the world’s largest marine provider of support services for the offshore energy industry,” said Karen Hughey, President and COO of ABS Nautical Systems. “Tidewater needs a product that not only offers usability, but also stability, and ABS Nautical Systems aligns with these needs. We anticipate a long relationship and look forward to joint success with the Tidewater team.” 

About Tidewater Inc. 
Tidewater Inc. owns 396 vessels, the world's largest fleet of vessels serving the global offshore energy industry.

About ABS Nautical Systems
ABS Nautical Systems, a division of ABS, is the fastest growing provider of fleet management software in the world. Its offerings are at the forefront of software solutions that promote cost and operation efficiency for the maritime industry. Through these innovative and customer-driven investments in research and development, ABS Nautical Systems is able to supply its clients with practical software solutions that can have a measurable impact on a ship or offshore user’s operations and business. Headquartered in Houston, Texas, ABS Nautical Systems has offices around the world to serve its extended customer base.