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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Vessel Commitments to Acquire and Construct New Vessels and ROVs, by Vessel Type

The table below summarizes the company’s various vessel commitments to acquire and construct new vessels, by vessel type, as of June 30, 2017:

 

 

 

Number

 

 

 

 

 

 

Invested

 

 

Remaining

 

 

 

of

 

 

Total

 

 

Through

 

 

Balance

 

(In thousands, except vessel count)

 

Vessels

 

 

Cost

 

 

6/30/17

 

 

6/30/17

 

Vessels under construction (A):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deepwater PSV

 

 

1

 

 

$

53,639

 

 

 

47,452

 

 

 

6,187

 

Total vessel commitments

 

 

1

 

 

$

53,639

 

 

 

47,452

 

 

 

6,187

 

 

 

(A)

Two remaining option vessels, a vessel rejected at the time of delivery and a fast supply boat are not included in the table above.