Tidewater Announces Christening of New Vessel M/V PAT TAYLOR

Tidewater Inc. (NYSE: TDW) announced today that one of its new vessels, the M/V PAT TAYLOR, named in honor of the late New Orleans businessman, Patrick F. Taylor, will be christened on Monday, August 21, 2006, at the wharf of the Hilton New Orleans Riverside. Mrs. Phyllis M. Taylor, wife of Pat Taylor and current Chairman and CEO of Taylor Energy Company LLC, will christen the new 220′ platform supply vessel which was built by Quality Shipyards, LLC, a subsidiary of Tidewater located in Houma, La.