Our primary business is marine transportation services in support of the upstream oil and gas industry. Since entering the market in 1990, we have steadily evolved into a global, growth-oriented marine services provider known for our technologically advanced fleet and quality performance. We have earned a reputation for consistent performance, safe operations and a dedication to exceptional service. With a commitment to meeting the needs of our clients in the ever-changing offshore environment, we have grown rapidly through the continuous expansion and modernization of our fleet. Newly constructed vessels added since 2005, represent more than 60%. We continue to add a diverse mix of highly capable vessels whilst selling older, non-strategic assets, and remain one of the youngest global fleets in the industry. Starting with a strong position in the North Sea, where we are the largest operator of Platform Supply Vessels, we have built a balanced global footprint in major energy-producing regions. We now operate significant fleets in the high-growth markets of Southeast Asia and in the Americas, including the high-potential deepwater basins offshore Brazil and the Gulf of Mexico. Our fleet includes 72 offshore vessels in various markets throughout the world.
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Employee Rating

3.7More
StateClosed
TypeSubsidiary
Parent CompanyTidewater
HQHouston, US
Founded1996
Websitegulfmark.com
Cybersecurity ratingCMore
GulfMark was founded in 1996 and is headquartered in Houston, US

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Key People/Management at GulfMark

Lee R. Johnson

Lee R. Johnson

Senior Vice President and Chief Information Officer
Andrew Bruzdzinski

Andrew Bruzdzinski

Vice President - Americas
Ewan M. Geddes

Ewan M. Geddes

Managing Director, UK and SEA
Trond Forland

Trond Forland

Managing Director, Norway
Quintin V. Kneen

Quintin V. Kneen

Director, President and Chief Executive Officer
Louis Raspino

Louis Raspino

Chairman of the Board of Directors
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GulfMark Office Locations

GulfMark has an office in Houston
Houston, US (HQ)
842 West Sam Houston Pkwy N #400
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GulfMark Financials and Metrics

Summary Metrics

Founding Date

1996
GulfMark is a subsidiary of Tidewater

GulfMark Revenue

Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue growth, %

9%

Cost of goods sold

170.6m182.6m198.2m217.4m236.2m169.8m83.2m

General and administrative expense

44.0m45.5m54.6m54.5m62.7m47.3m37.7m

Operating expense total

44.0m45.5m54.6m54.5m62.7m47.3m37.7m
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

60.7m24.4m26.5m27.8m

Cost of goods sold

43.1m42.7m41.7m44.3m46.9m48.1m48.8m48.8m48.8m53.1m53.4m55.2m56.3m59.7m62.2m51.2m45.9m23.7m20.9m20.3m19.2m19.4m20.4m22.0m20.0m19.1m

Gross profit

2.4m6.4m8.7m

Gross profit Margin, %

10%24%31%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

97.2m128.8m185.2m60.6m50.8m21.9m8.8m64.6m

Accounts Receivable

66.7m85.2m85.7m100.2m88.7m40.8m20.4m

Prepaid Expenses

21.2m25.2m18.1m17.8m16.6m4.3m

Inventories

7.5m1.3m
Quarterly
USDQ1, 2010

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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GulfMark Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

GulfMark Online and Social Media Presence

Embed Graph

GulfMark News and Updates

Tidewater, Gulfmark complete merger

Offshore service vessel company Tidewater Inc. has completed its acquisition of GulfMark Offshore Inc., creating a $1.25 billion combined company that Tidewater to expand its position in the North Sea.

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of GulfMark Offshore, Inc. - GLF

NEW YORK, Sept. 6, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating GulfMark Offshore, Inc. ("GulfMark" or the "Company") (NYSE: GLF)...

Wolf Popper LLP Investigates the Proposed Acquisition of GulfMark Offshore, Inc. by Tidewater Inc.

NEW YORK, Sept. 4, 2018 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in GulfMark Offshore, Inc. (NYSE: GLF), concerning the proposed acquisition of GulfMark by Tidewater Inc. (NYSE: TDW). Under the terms of the agreement, shareholders of GulfMark common...

GulfMark Offshore Announces Public Filing of S-4 Registration Statement in Connection with Proposed Merger with Tidewater

HOUSTON, Aug. 30, 2018 (GLOBE NEWSWIRE) -- GulfMark Offshore, Inc. (NYSE: GLF) (“GulfMark”) today announced the public filing by Tidewater Inc. (“Tidewater”) of a joint proxy statement/registration statement on Form S-4 with the U.S. Securities and Exchange Commission (“SEC”) in connection with th…

GULFMARK OFFSHORE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GulfMark Offshore, Inc.

NEW ORLEANS, July 24, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of GulfMark Offshore, Inc. (NYSE: GLF) ("GulfMark") to Tidewater Inc. (NYSE: TDW) ("Tidewater")....

GulfMark Frequently Asked Questions

  • When was GulfMark founded?

    GulfMark was founded in 1996.

  • Who are GulfMark key executives?

    GulfMark's key executives are Lee R. Johnson, Andrew Bruzdzinski and Ewan M. Geddes.

  • How many employees does GulfMark have?

    GulfMark has 900 employees.

  • Who are GulfMark competitors?

    Competitors of GulfMark include Kirby Corporation, Zizoo and BC Ferries.

  • Where is GulfMark headquarters?

    GulfMark headquarters is located at 842 West Sam Houston Pkwy N #400, Houston.

  • Where are GulfMark offices?

    GulfMark has an office in Houston.

  • How many offices does GulfMark have?

    GulfMark has 1 office.