Seabulk International Sells Two Foreign Tankers

Published Aug 3, 2005 12:01 AM by The Maritime Executive

Seabulk International, Inc., a wholly owned subsidiary of SEACOR Holdings Inc.(NYSE:CKH), announced that it has signed an agreement to sell the "Seabulk Trust," a 48,000-dwt foreign-flag, double-hull, product tanker, which will be delivered to the new owner in August.

In a separate transaction, an agreement was signed to sell the "Seabulk Reliant," a 48,000-dwt foreign-flag, double-hull, product tanker that will be delivered to its new owner in September.

Currently, both vessels are part of the Dorado product tanker pool.

About Seabulk:
Seabulk International is a leading provider of marine support and transportation services, primarily to the energy and chemical industries. Seabulk provides benchmark quality service to its customers based on innovative technology, the highest safety standards, modern efficient equipment, and dedicated, professional employees. Visit Seabulk's Web Site at http://www.seabulkinternational.com.

Seabulk International is a wholly owned subsidiary of SEACOR Holdings Inc. For more information, contact Timothy McKeand, Vice President, at (954) 524-4200 ext. 820 or visit SEACOR's Web site at http://www.seacorholdings.com.