SEACOR Holdings Inc Stock Company Profile

Description

SEACOR Holdings Inc. owns, operates, invests, and markets equipment in the offshore oil and gas, shipping, and logistics industries worldwide. The company’s Offshore Marine Services segment operates support vessels to deliver cargo and personnel to offshore installations; handles anchors and mooring equipment; and carries and launches remote operated vehicles, as well as provides tow rigs. This segment also provides accommodations for technicians and specialists, as well as standby safety support and emergency response services; and operates lift boats supporting well intervention, work-over, decommissioning, and diving operations, as well as operates vessels used to move personnel and supplies to offshore wind farms. Its Inland River Services segment operates river transportation equipment for moving agricultural and industrial commodities, and petroleum products; and operates and invests in multi-modal terminal facilities, as well as operates barge fleeting locations, service facilities, and transshipment terminal. The company’s Shipping Services segment owns product tankers for the United States coastwise trade of crude oil, petroleum, and chemical products, as well as provides harbor tugs servicing vessels docking; and offers liner and short-sea transportation services. This segment is also involved in the terminal support and bunkering, and articulated tug and dry-bulk barge operations, as well as offers offshore tug and technical ship management services. Its Illinois Corn Processing segment produces alcohol used in the food, beverage, industrial, and petrochemical markets; dried distillers grains with solubles; and non-food grade corn oil for feedstock in biodiesel production. The company’s Other segment engages in emergency and crisis, agricultural commodity trading and logistics, and lending and leasing activities, as well as provides industrial aviation services. SEACOR Holdings Inc. was founded in 1989 and is based in Fort Lauderdale, Florida.