Seacor Marine goes independent

U.S. offshore vessel owner Seacor Marine is now a fully independent company after spinning off from its parent company Seacor Holdings Inc on June 1.

Seacor Marine has begun “regular-way” trading on NYSE today under the symbol “SMHI”.

The company provides global marine and support transportation services to offshore oil and gas exploration, development and production facilities.

It operates a fleet of offshore support and specialty vessels that deliver cargo and personnel to offshore installations; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; and carry and launch equipment used underwater in drilling and well installation, maintenance and repair.

Additionally, Seacor Marine’s vessels provide accommodations for technicians and specialists, and provide safety support and emergency response services.

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