Seabulk Agrees to Sell Product Tankers

Seabulk International, Inc., a wholly owned subsidiary of SEACOR Holdings Inc. announced that it has signed an agreement to sell the Seabulk Trust, a 48,000-dwt foreign-flag double-hull product tanker. Delivery of the Seabulk Trust to its buyer is expected in August. In a separate transaction, an agreement was signed to sell the Seabulk Reliant, a 48,000-dwt foreign-flag double-hull product tanker. Delivery of the Seabulk Reliant to its buyer is expected in September. Both vessels currently trade worldwide as part of the Dorado product tanker pool.