SEACOR Holdings

SEACOR Holdings

Company type	Private
Industry	Marine transportation, Offshore petroleum services
Founded	November 7, 1989 (1989-11-07), Fort Lauderdale, Florida, United States
Founder	Charles Fabrikant
Headquarters	Fort Lauderdale , United States
Area served	Worldwide
Products	Offshore drilling, offshore supply vessels, helicopter transport services, marine transportation, towing services, inland tug and barge activities, military logistics support, disaster relief efforts, breakbulk shipping
Owner	American Industrial Partners

SEACOR Holdings, based in Fort Lauderdale, Florida, delivers equipment and services to the offshore petroleum industry as well as marine transportation sectors. The U.S.-based firm owns a 70% interest in a bioethanol facility located in Illinois.

As a well-established family-owned business, SEACOR's operations encompass Jones Act-compliant shipping, towing services both domestically and internationally, inland tug and barge activities, military logistics support, disaster relief efforts, Caribbean breakbulk shipping, and various joint venture initiatives. Additionally, the company has been involved in offshore drilling, operation of offshore supply vessels (OSVs), helicopter transport services, and environmental spill response.

The Offshore Marine Services segment provides worldwide towing and support primarily tailored to the oil sector. Its subsidiary SCF Marine manages inland shipping operations within the United States and along South America's Río Paraná and Río Magdalena rivers. Seacor Ocean Transport specializes in serving markets across the Gulf of Mexico and the Caribbean region.

SEACOR holds a 50% ownership stake in CG Railway through a partnership with Genesee and Wyoming. This joint venture has operated rail ferry services since 2000 between Mobile, Alabama, and Coatzacoalcos, Mexico.

History

Founded on November 7, 1989, by Charles Fabrikant, SEACOR began its journey by acquiring NICOR Marine—the marine division of Nicor Gas—in December of the same year. This acquisition led to the rebranding of NICOR Marine as SEACOR.

In 1992, SEACOR went public with an initial offering on the New York Stock Exchange under the ticker CKOR. Throughout the 1990s, the company took part in offshore drilling platform initiatives in Chile.

The expansion of SEACOR’s helicopter service capabilities included acquiring Tex-Air in 2002 followed by Era Aviation in 2004. The 2005 acquisition of Seabulk International Inc. broadened its crude oil transport portfolio, incorporating offshore and port towing services.

In March 2012, SEACOR divested National Response Corporation along with related entities to J.F. Lehman & Company. The following year saw the company exit energy trading by selling that division to Par Pacific Holdings while also spinning off its helicopter operations into Era Group.

In 2017, SEACOR acquired International Shipholding Corporation, which included Waterman Steamship Corporation. By 2018, it had taken full ownership of CLEANCOR Energy Solutions LLC while selling its interest in aviation firm Hawker Pacific.

In April 2021, American Industrial Partners, a private equity firm, completed a $1 billion transaction to take SEACOR private.

Mergers & Acquisitions

Company Acquired	Year	Acquisition Cost	Type
NICOR Marine	1989		Acquisition
John E Graham & Sons	1995	US$73 Million	Acquisition
Smit International Offshore Supply Ship	1996	US$182 Million	Acquisition
ERST/O’Brien's	1997		Acquisition
Tex-Air	2002		Acquisition
Era Aviation	2004		Acquisition
Seabulk International Inc.	2005		Merger
International Shipholding Corporation	2017		Acquisition
Jones Act Shipping Company	2021

See also

• CG Railway