Seacor Marine Holdings Inc News

SEACOR Marine Holdings Inc. announced it has appointed Lisa P. Young as an independent member of its board of directors, in a move that expands the marine services company's board from five to six members.Young is a seasoned professional with 36 years of cross-sector, international experience in public accounting and professional services. As a retired senior partner with Ernst & Young, Young has served in a number of leadership roles, most recently serving as a Senior Global Client Service Partner until her retirement in 2021.

Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier  a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and marine/installation crews to the market and operate a full spread of offshore wind installation and feeder vessels for the US offshore wind market. The Falcon Global fleet consists of one of the largest existing US-flag and Jones-Act compliant lift boats in the U.S. With a proven track record of operating in US-waters under harsh environmental conditions, the Falcon Global fleet represents a longstanding tradition of highly competent US-officers and crew. The combination of Fred.

Offshore services vessel operator SEACOR Marine Holdings Inc. said it has formed a jointly owned company with affiliates of the world’s largest ship owner, COSCO Shipping Group. The Marshall Islands company, SEACOSCO Offshore LLC, entered into contracts for the purchase of eight Rolls-Royce designed new construction platform supply vessels (PSV) from COSCO Shipping Heavy Industry (Guangdong) Co., Ltd. Six of the PSVs are of UT 771WP design (4,400 tons deadweight), and two are of UT 771CD design (3,800 tons deadweight).

SEACOR Holdings Inc. and SEACOR Marine Holdings Inc. announced the timing and details regarding the spin-off of SEACOR Marine from SEACOR. The SEACOR board of directors has declared a pro rata dividend of the shares of SEACOR Marine common stock owned by SEACOR that will result in the complete legal and structural separation of the two companies. On the distribution date of June 1, 2017, SEACOR will distribute to its stockholders of record as of 5:00 p.m., New York City time, on May 22, 2017, the record date for the distribution, for every share of SEACOR common stock held, one share of SEACOR Marine common stock multiplied by a fraction…

Manufacturer of diesel engines and generator sets for the marine industry Cummins Inc. said it recently delivered the first four QSK95 engines for a marine application, with four additional units to be delivered in December. The engines were delivered to longtime Cummins partner SEACOR Marine Holdings Inc. for installation into a 57-meter catamaran crewboat designed by Incat Crowther. “We are extremely excited to be working with SEACOR Marine to launch the first QSK95 marine engines,” said Jim Schacht, Executive Director - Marine Market, Cummins Inc.