Shearwater bucks the asset-light trend with recent vessel splurge

Company builds an impressive fleet — but will the investment pay off?

New owner: the Polarcus Adira was renamed SW Barent after it was acquired by Shearwater this year — New owner: the Polarcus Adira was renamed SW Barent after it was acquired by Shearwater this yearPhoto: POLARCUS

Andrew McBarnet

Vancouver

Published 2 June 2021, 11:19Updated 2 June 2021, 11:19

Siesmic Focus Shearwater GeoServices PXGEO PGS Asia & Oceania