SEACOR SMIT Inc. announced that the change of its name to "SEACOR Holdings Inc." became effective at 12:01 a.m. on March 15, 2004. The ticker symbol and CUSIP number for the Company's common stock will remain unchanged. Holders of stock certificates bearing the name "SEACOR SMIT Inc." may continue to hold them and will not be required to exchange them for new stock certificates or take any other action. In addition, the Company's Internet website URL will change to http://www.seacorholdings.com. SEACOR and its subsidiaries are engaged in the operation of a diversified fleet of offshore support vessels that service oil and gas exploration and development activities in the U.S. Gulf of Mexico, the North Sea, West Africa, Asia, Latin America and other international regions. Other business activities primarily include environmental services, inland river operations, and offshore aviation services.
Seacor Smit Inc. announced net earnings for the third quarter ending Sept. 30 of $5 million on revenues of $71.9 million. Results for the quarter included a charge of $2.6 million for additional income tax expense related to the company's decision to liquidate a foreign joint venture, and an extraordinary gain of $890,000 relating to the early retirement of debt. In the same period a year ago, Seacor earned $26.4 million, on revenues of $100 million.
SEACOR Holdings Inc. (NYSE: CKH) announced that Randall Blank, currently SEACOR's Executive Vice President, Chief Financial Officer, and Secretary, will assume full-time responsibility as President and CEO of its environmental division, SEACOR Environmental Services Inc. ("SES"), and that Richard Ryan will assume the position of Chief Financial Officer for SEACOR. Alice Gran, SEACOR's Senior Vice President and General Counsel, will become Corporate Secretary.
SEACOR Marine LLC christened its first CrewZer Class vessel, the SEACOR CHEETAH, in Galveston, Texas. Joyce McCall, wife of nearly fifty years to offshore industry pioneer Norman McCall, acted as the vessel's sponsor in recognition of her life-long contribution to the McCall legacy. The SEACOR CHEETAH was designed to provide customers a faster and more stable delivery platform than the industry standard. After examining various hull types
SEACOR Marine has selected marine diesel engines from the Tognum brand MTU for its latest pair of fast supply vessels. The two vessels, SEACOR Lynx and SEACOR Leopard, will have an overall length of 190 feet and the capacity to carry up to 150 passengers. The vessels will also have the capacity to carry 150 tons of deck cargo and the ability to achieve speeds of 46 knots. Each vessel will be powered by four MTU 16V 4000 M73L engines rated at 3,860 bhp at 2,050 RPM.
The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award. This is the first time the same company has won awards in the same year. NOIA added the Culture of Safety award to the competition in 2014. SEACOR Marine won the Culture of Safety Award for their safety culture model which spurred a seven year trend of declining total number of Lost Time Incidents
SMIT has acquired all shares of GB Holding B.V., the parent company of the renowned subsidiaries GB Diving B.V. and GB Diving -Inshore B.V. GB Diving is a Dutch company that provides ROV (Remote Operated Vehicles) and diving services, including project management, project engineering and related services for the high end of the oil and gas market. GB Diving's 30 employees will be integrated into the SMIT organization as a business unit named SMIT Subsea Europe.
Royal Boskalis Westminster N.V. (Boskalis) and Smit Internationale N.V. (Smit) announced that they have signed a merger protocol for a full merger of the two companies. The transaction will be effectuated through an all cash public offer of $84.5 ex dividend (instead of cum dividend as previously anticipated) by Boskalis for all outstanding shares in Smit. The business combination will create a world class maritime service provider offering a strong platform for further growth
Raymond Lord has been named President of Donjon-SMIT, LLC, effective November 8. A native of Houston, Texas, Mr. Lord has more than 30 years of experience within the marine salvage industry, most recently serving as Vice President and Operations Manager for SMIT Americas in Houston. “We are very happy to welcome Raymond Lord to Donjon-SMIT,” said John A. Witte, Jr., Director, Donjon-SMIT
W&O designated preferred North American distributor of first United States Coast Guard-approved marine plastic piping system. W&O, a global supplier of marine pipe, valves and fittings, valve automation, and engineered solutions, has partnered with Georg Fischer Piping Systems to bring to market the first and only commercially available United States Coast Guard-approved marine plastic piping system in the world, known as SeaCor.
Dutch shipbuilder Ferus Smit announced it has delivered the world’s first LNG-powered cement tanker, MV Greenland. The delivery was preceded by an extensive program of trials and tests in which the proper working and safety of all systems was verified
Saam Smit Towage Canada takes delivery of new built tug SST Capilano, to be added to the fleet of 21 tugs operated in British Columbia. The addition of this tug will further strengthen the fleet that Saam Smit Towage operates in British Columbia.
Saam Smit Towage, a joint venture between SAAM S.A. and Royal Boskalis Westminster N.V. providing towage services in Mexico, Canada, Panama and Brazil, announced it has invested in fleet renewal in Canada and Panama. The company’s Canadian arm has taken delivery of newbuild tug SST
Saam Smit Towage Canada will support the Heart and Stroke Foundation during the month of February by donating a portion of its revenue from each vessel it assists in British Columbia. The company also plans to have various internal employee participation fundraising initiatives.
The Robert Allan Ltd. RAstar Series tugs are well proven LNG terminal support/escort tugs, in operation at major LNG facilities worldwide, including terminals in the United Kingdom, Yemen, Mexico, Indonesia, Norway, and the United States
SEACOR Holdings Inc. today announced its results for its second quarter ended June 30, 2015. For the quarter ended June 30, 2015, net income attributable to SEACOR Holdings Inc. was $0.7 million, or $0.04 per diluted share. For the six months ended June 30, 2015
Towage operator Towmar Baltic UAB recently renewed its fleet with two new Damen ASD Tugs 2810. The ship assistance and marine service company provides services to customers calling at the Port of Klaipeda (Lithuania) and the Port of Liepaja (Latvia) in the Baltic Sea region
LNG-powered M.V. Greenland, a dedicated cement carrier, will be launched on October 31 at Ferus Smit Westerbroek Yard in the Netherlands. The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system
SAAM SMIT Towage, a joint venture between SAAM S.A. of Chile and Dutch company Royal Boskalis Westminster N.V., has signed a contract for the purchase of a Damen Tug 2913 for delivery in early 2016, the shipbuilder announced today. This order
Ceremony signals the start of construction for the third SEA-Vista ECO Tanker to be constructed at the General Dynamics NASSCO shipyard in San Diego. U.S. shipbuilder General Dynamics NASSCO signaled the start construction today for the third product tanker to be built for SEA-Vista
The naming ceremony for the first of the two Damen Shoalbusters 3009 being built for marine solutions specialist SMIT Amandla Marine at Damen Shipyards Cape Town (DSCT), was held on Thursday, 29 October 2015. Mrs Jenny Coltman, Spouse of the Chairman of De Beers Group Services
The delivery of Alya McCall is significant in that it is the first vessel in a fleet of new class monohull Fast Support Vessels (FSV) for SEACOR Marine. Alya McCall is the first vessel in the SEACOR Express Plus class and features striking lines not ordinarily found in traditional monohull
U.S shipbuilder General Dynamics NASSCO launched the first ship in a series of ECO Class tankers for the SEA-Vista fleet at a christening and launch ceremony at the company’s shipyard in San Diego on Saturday, December 12. The ship, the Independence, is a 610-foot, 50
Royal Boskalis Westminster N.V. (Boskalis) and KOTUG International B.V. (KOTUG) have reached agreement on the merger of their European harbour towage operations. The Memorandum of Understanding signed by the parties in late 2014 has now been formalized following a thorough process.
KOTUG and Boskalis reach agreement to merge European harbor towage operations Royal Boskalis Westminster N.V. and KOTUG International B.V. have reached a formal agreement to merge their European harbor towage operations following on a Memorandum of Understanding signed by the parties in late