Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

On November 13, 2008, the company announced the election of Joseph H. Netherland to its Board of Directors for a term expiring in July 2009.

The press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference as if fully set forth.

Item 8.01. Other Events

On November 13, 2008, the company announced that its Board of Directors declared a quarterly dividend of $0.25 per share on Tidewater's approximately 51.5 million shares of common stock outstanding.

The press release is filed as Exhibit 99.2 to this Current Report and is incorporated herein by reference as if fully set forth.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are furnished with this Form 8-K:

99.1 Press Release dated November 13, 2008.

99.2 Press Release dated November 13, 2008.

---