-+ 0.00%
-+ 0.00%
-+ 0.00%

SEACOR Marine Sells Two Liftboats for $76M, Expects $30.5M Gain in Q3 Windfall

Benzinga·08/07/2025 10:15:57
Listen to the news

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.