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SEACOR Marine Holding Inc. (SMHI)

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Last Post: 3/25/2022 7:29:42 PM - Followers: 2 - Board type: Free - Posts Today: 0



SEACOR Marine Holdings Inc.

Common Stock - When Issued

Commission file number 1-37966 SEACOR Marine Holdings Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 47-2564547 (State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification No.) 12121 Wickchester Suite 500, Houston, TX 77079 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: (346) 980-1700

The  total  number  of  shares  of  common  stock,  par  value  $.01  per  share  (“Common  Stock”),  outstanding  as  of  May  4,  2020  was  23,027,225.  The Registrant has no other class of common stock outstanding

INVESTMENTS, AT EQUITY AND ADVANCES TO 50% OR LESS OWNED COMPANIES SEACOSCO.  The  Company,  through  SEACOR  Offshore  Asia  LLC,  an  indirect  wholly-owned  subsidiary  of  SEACOR Marine (“SEACOR Offshore Asia”), owns an unconsolidated 50% interest in SEACOSCO Offshore LLC (“SEACOSCO”). China Shipping Fan Tai Limited (“CSFT”) and China Shipping Industry (Hong Kong) Co., Limited (“CSIHK”) own the other 50% interest in SEACOSCO. Effective May 31, 2019, SEACOR Offshore Asia, CSFT, CSIHK and COSCO Shipping Heavy Industry (Guangdong) Co., Ltd.  (the  “Shipyard”),  the  shipbuilder  and  lender  under  deferred  payment  agreements  (“DPAs”)  that  are  secured  by  the  PSVs acquired by SEACOSCO, entered into a Memorandum of Understanding (“MOU”) pursuant to which (i) the Shipyard agreed to not take any action with respect to any existing defaults 11 under the DPAs until August 31, 2019, (ii) SEACOR Offshore Asia was authorized to provide, in its sole discretion, shareholder loans to SEACOSCO and/or its subsidiaries, in an aggregate amount of $13.0 million, in respect of working capital or other payment obligations at an interest rate of 15% per annum and, subject to the priority of the indebtedness under the DPAs, the shareholder loans will have senior priority to any and all other debts of SEACOSCO and/or its subsidiaries, (“SEACOR Shareholder Loans”), (iii) the parties set out the non-binding principal terms and conditions for SEACOR Offshore Asia’s potential acquisition of the 50% interest in SEACOSCO owned by CSFT and CSIHK and (iv) in connection with such acquisition, SEACOR Offshore Asia or its nominee may acquire from the Shipyard two additional PSVs that had been under options held by SEACOSCO. Management  remains  in  discussions  with  the  Shipyard,  CSFT  and  CSIHK  with  respect  to  the  other  transactions contemplated by the MOU and the ongoing funding requirements of SEACOSCO. Subject to these ongoing discussions, effective January 2020, SEACOSCO ceased all principal and interest payments in connection with DPAs and has approximately $3.7 million in  outstanding  payments  as  of  May  1,  2020.  As  of  March  31,  2020,  the  balance  on  the  SEACOR  Shareholder  Loans  was  $13.0 million, which is the aggregate amount of SEACOR Shareholder Loans provided, and SEACOR Marine recognized interest income of  $1.0  million.  As  of  March  31,  2020,  an  additional  $5.6  million  was  due  from  SEACOSCO  to  the  Company  related  to  a  Ship Management Agreement.

Platform Supply (PSV) Vessels

Used primarily for transporting essential equipment and additional manpower to reinforce deepwater drilling and production operations, our Platform Supply Vessels (PSV) range in length from 190 feet to over 250 feet. Versatile and reliable, these PSVs can also handle typical construction and maintenance tasks of standard offshore supply vessels. By offering one of the industry’s largest fleet of PSVs, SEACOR Marine has the flexibility to address any special requirements customers might have, including Dynamic Positioning, methanol capability, high volume liquid mud, and dry bulk capacities. Or, customers can simply choose a single vessel to solve their complete needs.

Fast Support (FSV) Vessels

Fast Support Vessels (FSV) have become an integral component of the logistics chain for offshore drilling and production operations due to their speed and versatility. These advanced vessels reach speeds over 31 knots and range in length from 145 to 200 feet and deliver over 13,500 BHP (brake horsepower).

Our FSVs advance the traditional offshore support vessel model and offer a more cost-efficient, comfortable, flexible, and safe option to helicopter transportation. Able to accommodate up to 150 passengers in true comfort, vessels in our FSV fleet feature reclining business-class seats, a range of entertainment packages such as satellite television and wireless internet, a well-equipped snack bar area and LED lighting.

To provide customers with the ability to choose the right vessel for their specific needs, our FSVs offer industry-leading features such as DP1 & DP2, Dynamic Ride Control, Controllable Speed Propellers, Water Jet Propulsion and Engine Monitoring System. Cargo options can include 1,000 barrels of liquid mud and 1,000 to 3,000 cubic feet of dry bulk material. Cargo options from 140 long tons to 425 long tons include deck cargo, fuel, potable water, and drill water.

Our high-speed catamarans introduced a new era of very fast crew boats, larger and faster, and offering increased levels of technology, capability, and comfort. Capable of carrying up to 150 passengers at maximum speeds up to 40 knots, these vessels elevate comfort with reclining business class seats and a range of entertainment options that include satellite television and wireless Internet service. Our catamarans are also available with a range of options to suit your particular needs, including DP2 and or DP3, Dynamic Ride Control, Controllable Speed Propellers, Water Jet Propulsion and Engine Monitoring System.


SEACOR Marine operates the industry’s largest fleet of modern liftboats with lengths of 200 feet or greater, and a total range of 150 feet to 265 feet in length. Our liftboats are outfitted to support projects that range from construction and maintenance to production enhancement and decommissioning as well as support for offshore wind farms.

Crew Transfer Vessels

As a part of SEACOR Marine, Windcat Workboats offers customers a variety of Crew Transfer Vessels whose layout and propulsion is optimized to transfer personnel offshore in a safe and comfortable environment. Windcat Workboats’ vessel design, together with a unique bow-fender, creates a highly effective, safe and simple access system.

These vessels take into account the specific operational requirements for the offshore wind industry and provide a practical and comfortable environment in which offshore technicians can work more productively. Smart and sensible, they also feature ample storage space for stowing away working gear, tools and equipment.

Designed to be a comfortable environment for transit voyages, the onboard accommodations are spacious, feature ample daylight and offer passengers a good view. To supply the vessel best suited for the specific project, we offer a variety of vessels in our Crew Transfer fleet.

Anchor Handling Towing Supply (AHTS) Vessels

Anchor Handling Towing Supply (AHTS) vessels have been an intrinsic part of the offshore oil industry since drilling oil from oceans first began. These essential vessels perform many key functions and are built to deploy and recover mooring systems for deepwater drilling rigs, undertake traditional supply duties in support of drilling operations, and support subsea construction activities.

AHTS vessels range from 8,000 to 15,000 BHP (brake horsepower). In addition, these vessels can also act as rescue vessels for other ships in times of emergency and can be used as effective tools to prevent oil rig capsizing and other mishaps that might occur in the high sea waters.

Specialty Vessels

Our Specialty Vessels provide exceptional support for a variety of specialized offshore applications. These vessels include Anchor Handling Tugs as well as other vessels that address specific marine applications including offshore maintenance and construction services such as cable laying, freight hauling services, and accommodations for emergency response services.

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SMHI News: Current Report Filing (8-k) 05/05/2022 02:05:42 AM
SMHI News: Quarterly Report (10-q) 05/05/2022 02:04:46 AM
SMHI News: SEACOR Marine Announces First Quarter 2022 Results 05/04/2022 01:48:26 PM
SMHI News: Current Report Filing (8-k) 04/22/2022 01:24:59 PM
SMHI News: Proxy Statement (definitive) (def 14a) 04/22/2022 01:11:05 PM
#50   $7+...volume will move a thin trader in a hurry maddog27 03/25/22 07:29:42 PM
#49   Interesting again. Most of these small cap charts maddog27 12/29/21 07:02:13 PM
#48   $SMHI made a nice move today $5.45 ErnieBilco 10/06/21 03:38:38 PM
#47   Just read the 10Q - they have paid ErnieBilco 08/13/21 09:29:30 AM
#46   Interesting chart maddog27 12/21/20 03:49:36 PM
#45   WOW, just made a stunning discovery. ErnieBilco 06/11/20 03:26:56 PM
#44   Very strong, the consolidation of SEACOSCO Joint Venture diskman 06/08/20 08:27:12 PM
#43   I had to move my sell target up ErnieBilco 06/08/20 10:28:27 AM
#42   SMHI ready to leave the port diskman 06/08/20 08:24:36 AM
#41   Boom baby dipANDrip 06/05/20 03:18:48 PM
#40   That gap that "wasn't gonna happen" did happen ErnieBilco 06/05/20 03:08:12 PM
#39   Buying here dipANDrip 06/05/20 11:21:02 AM
#38   lol - yes. creede 06/05/20 09:23:45 AM
#37   I guess you missed the...... ErnieBilco 06/05/20 09:22:26 AM
#36   I did not. creede 06/05/20 09:18:28 AM
#35   Good for you. It's all about the Benjimans ErnieBilco 06/05/20 08:36:49 AM
#34   I did, Thanks again ErnieBilco $$$$ diskman 06/05/20 08:31:33 AM
#33   Did you ever get any when I presented it? ErnieBilco 06/05/20 08:18:32 AM
#32   Very nice indeed, Go $SMHI diskman 06/05/20 07:26:40 AM
#31   Looks great pre-market $SMHI dipANDrip 06/05/20 07:15:54 AM
#30   after hours it got close good call housemoney4sure 06/04/20 10:09:27 PM
#29   Adding tomorrow diskman 06/04/20 09:25:57 PM
#28   Nice move AH Looks like continuation tomorrow $SMHI dipANDrip 06/04/20 09:10:06 PM
#27   Nice move. creede 06/04/20 12:35:57 PM
#26   Appears so. Just needs one final blast through dipANDrip 06/04/20 12:21:53 PM
#25   I'm in ready for BLASTOFF diskman 06/04/20 12:21:15 PM
#24   Not gunna happen dipANDrip 06/04/20 10:44:55 AM
#23   Let's see that gap fill so it can ErnieBilco 06/04/20 10:30:25 AM
#22   Going to $3 today dipANDrip 06/04/20 10:15:53 AM
#21   Started accumulating in earnest today, going back 3+ tdeck 05/29/20 04:16:59 PM
#20   Just been looking thru the website, SEACORMARINE.COM they ErnieBilco 05/23/20 09:46:07 AM
#19   Agree 100%. IMO, the G2P stocks are best creede 05/23/20 09:38:18 AM
#18   A question that really has no answer other ErnieBilco 05/23/20 08:12:24 AM
#17   I got it marked. High priced stock for the creede 05/22/20 11:23:35 PM
#16   Okay - pps was $1.52 when I bought ErnieBilco 05/22/20 12:27:34 PM
#15   Time for some DD as it looks like ErnieBilco 05/22/20 12:06:10 PM
#14   SEACOR marine holdings active NYSE ticker SMHI ErnieBilco 05/22/20 12:05:37 PM
#13   Time for a update to current operations ErnieBilco 05/22/20 12:04:44 PM
#12   Dead board for 6 years ErnieBilco 05/22/20 12:04:24 PM
#11   SMHI revoked: Renee 10/09/13 09:38:18 AM
#10   SMHI SEC Suspension: Renee 09/10/13 09:43:46 AM
#9   Anybody out there?? nunze 10/18/11 09:19:10 AM
#8   NO NEWS YET $$$TOCK 007 06/09/10 12:13:22 PM
#7   0.0003 X 0.001 $$$TOCK 007 06/09/10 12:13:07 PM
#6   0.0003 $$$TOCK 007 06/09/10 12:12:37 PM
#5   VOL 145500 $$$TOCK 007 06/09/10 12:12:18 PM
#4   Thanks zoro, unfortunately its not the one I otterman 03/06/08 10:27:52 AM
#3   http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23477318&txt2find=s Zorro 03/06/08 08:21:18 AM
#2   http://www.foxbusiness.com/markets/industries/health-care/article/exciting-range otterman 02/20/08 12:22:59 PM
#1   Does anyone know the history of this company? otterman 02/20/08 12:22:47 PM
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