Stock Data
$0.19 (1.94%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
MARINE SHIPPING
SEACOR Marine Holdings Inc. specializes in providing marine and support transportation services to the offshore oil, natural gas, and windfarm sectors globally. With a focus on delivering cargo and personnel, handling anchors for rigs, assisting in offshore operations, and supporting construction and maintenance of offshore installations, SEACOR plays a crucial role in the energy industry. The company boasts a fleet of 58 support vessels, serving a diverse clientele including oil companies, offshore wind farm operators, and construction firms. Founded in 1989, SEACOR is headquartered in Houston, Texas, demonstrating a long-standing commitment to excellence in marine services.
SEACOR Marine swung to a surprise $0.12 profit on $31.3 million in asset gains from fleet optimization, while the board simultaneously launched a strategic review that could lead to a sale. The Middle East turmoil threatens Q3, with both premium liftboats idled by conflict-related maintenance delays.
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