SEACOR Marine Holdings Inc. (SMHI)

HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has entered into definitive agreements for the sale of two 335 foot class liftboats to JAD Construction Limited for total gross proceeds of $76.0 million in cash and an estimated gain of $30.5 million. The net proceeds from the sales of these vessels are unencumbered and the transaction is expected to close during the third quarter of 2025, subject to customary closing conditions and regulatory approvals.

Seacor (SMHI) Q2 Revenue Drops 13%

SEACOR Marine Holdings reported weak second quarter results, with profit margins declining to new multi-year lows. Management attributed the poor performance to increased drydockings and major repair requirements. However, not all was bad as Seacor Marine's average dayrate increased to new recovery highs, driven by strong platform supply vessel contributions.

Seacor Marine (SMHI) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to a loss of $0.45 per share a year ago.

HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its second quarter ended June 30, 2025.

NEW YORK--(BUSINESS WIRE)--Blue Ocean, a maritime finance investment platform managed by EnTrust Global, a leading alternative asset management firm, today announced that it deployed over $2.1 billion across more than 20 transactions in 2024 and Q1 2025. This success was driven by Blue Ocean's largest-ever debt deal with SEACOR Marine Holdings Inc.; largest equity deal and first public company take-private with Belships ASA; and an up to $350 million senior secured financing for Rocktree Group,.

SEACOR Marine Holdings reported disappointing first quarter results, with sizeable cash usage and fleet utilization dropping to new multi-year lows. The company attributed the underperformance to seasonality and higher maintenance, drydocking and repositioning activities as well as weakness in the North Sea and the U.S. Gulf. Q2 results will benefit from a large one-time gain as a result of recent vessel sales.

Seacor Marine (SMHI) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.57. This compares to loss of $0.84 per share a year ago.

HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its first quarter ended March 31, 2025.

Seacor Marine (SMHI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

YARIY, OCX, SMHI, VTMX and BANF have been added to the Zacks Rank #1 (Strong Buy) List on April 24, 2025.

HOUSTON, April 04, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it purchased from certain funds affiliated with Carlyle:

Seacor Marine Holdings Inc. reported better-than-expected Q4 2024 results with increased fleet utilization and lower operating expenses resulting in sequential margin improvement and solid cash generation. Following a comprehensive debt refinancing in November, the company ended the year with $59.5 million in unrestricted cash, $16.6 million in restricted cash and $350 million in debt. Seacor Marine Holdings sold its two remaining AHTS vessels and will use the proceeds for the construction of two large PSVs in China.

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter ended December 31, 2024.

HOUSTON, Dec. 02, 2024 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has entered into a new senior secured term loan of up to $391.0 million with an affiliate of EnTrust Global (the “2024 SMFH Credit Facility”) and separate agreements to build two platform supply vessels (“PSVs”) for a contract price of $41.0 million per vessel (the “Shipbuilding Contracts”). The PSVs are each 4,650 tons deadweight with a 1,000 square meter deck area and equipped with medium speed diesel engines and an integrated battery energy storage system for higher fuel efficiency and lower running costs. The 2024 SMFH Credit Facility consolidates the Company's debt capital structure into a single credit facility maturing in the fourth quarter of 2029 and provides financing for the Shipbuilding Contracts. The Company also announced the entry into definitive agreements to sell two anchor handling towing and supply (“AHTS”) vessels for total proceeds of $22.5 million.

SEACOR Marine Holdings released another disappointing quarterly report, with both revenue and profitability falling well short of expectations. Management attributed the underwhelming performance to the company's heavy 2024 maintenance schedule and softer than expected demand in the U.S. Gulf of Mexico and the North Sea. With weakness in deepwater rig contracting activity now expected to extend well into 2025, the company will likely face additional headwinds going into next year.