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SEACOR Marine Completes Sale of Windfarm Support Business

SEACOR Marine Completes Sale of Windfarm Support Business
/EIN News/ HOUSTON, Jan. 15, 2021 (GLOBE NEWSWIRE) SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced that on January 12, 2021, SEACOR Marine completed the previously announced sale of Windcat Workboats Holdings Limited (“Windcat”) and its crew transfer vessel business to Compagnie Maritime Belge (“CMB”), a diversified shipping and logistics group. As consideration for the sale, CMB paid SEACOR Marine £32.8 million in cash, and assumed all of the approximately £20.4 million of debt outstanding under Windcat’s existing revolving credit facility. After deducting transaction costs and expenses and giving effect to foreign exchange rate hedges, the Company received net cash proceeds of approximately US$42.6 million. Pro for ....

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SEACOR Marine and CMB Announce Transaction for Windfarm Support Business

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
SEACOR Marine and CMB Announce Transaction for Windfarm Support Business
SEACOR Marine Holdings Inc.December 18, 2020 GMT
HOUSTON and ANTWERP, Belgium, Dec. 18, 2020 (GLOBE NEWSWIRE) SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, and Compagnie Maritime Belge (“CMB”), a diversified shipping and logistics group, today announced that a wholly-owned subsidiary of the Company entered into a binding definitive sale and purchase agreement (“SPA”) to sell Windcat Workboats Holdings Limited (“Windcat”) and its crew transfer vessel (“CTV”) business to CMB. As consideration for the sale, at the closing of the transaction, CMB will pay SEACOR Marine £32.8 million in cash, and assume all of the approxim ....

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SEACOR Marine et CMB annoncent une transaction portant sur les activités de soutien aux parcs éoliens

SEACOR Marine et CMB annoncent une transaction portant sur les activités de soutien aux parcs éoliens
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SEACOR Marine and CMB Announce Transaction for Windfarm Support Business - Press Release

SEACOR Marine and CMB Announce Transaction for Windfarm Support Business - Press Release
digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.

Noord Holland , Hong Kong , United Kingdom , United States , Alexander Saverys , John Gellert , Neil Clarkson , Windcat Ctvs , Connie Morinello , Robbert Van Rijk , Exchange Commission , Bryan Cave Leighton Paisner , Marine Holdings Inc , Windcat Workboats Holdings Limited , Construction Service Operation Vessels , Service Operation Vessels Csovs , Compagnie Maritime Belge , Offshore Logistics , Chief Executive Officer , Executive Officer , Service Operation Vessels , Managing Director , Platou Securities , Maritime Campus Antwerp , Private Securities Litigation Reform Act , Annual Reports ,

SEACOR Marine and CMB Announce Transaction for Windfarm Support Business

SEACOR Marine and CMB Announce Transaction for Windfarm Support Business
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.

Noord Holland , Hong Kong , United Kingdom , United States , Alexander Saverys , John Gellert , Neil Clarkson , Windcat Ctvs , Connie Morinello , Robbert Van Rijk , Exchange Commission , Bryan Cave Leighton Paisner , Marine Holdings Inc , Windcat Workboats Holdings Limited , Construction Service Operation Vessels , Service Operation Vessels Csovs , Compagnie Maritime Belge , Offshore Logistics , Chief Executive Officer , Executive Officer , Service Operation Vessels , Managing Director , Platou Securities , Maritime Campus Antwerp , Private Securities Litigation Reform Act , Annual Reports ,