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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...

A subsidiary of Seacor Marine Holdings has entered into an agreement to sell Windcat Workboats Holdings and its crew transfer vessel (CTV) business to Belgian marine outfit Compagnie Maritime Belge (CMB). At the closing of the transaction, CMB will pay Seacor Marine £32.8m in cash, and assume all of the approximately £20.4m of debt outstanding under Windcat’s existing revolving credit facility. The transaction is expected to close on or prior to 12 January 2021. Windcat owns and operates, directly or through its joint ventures, a fleet of 46 CTVs in the European offshore wind sector. It i...

SEACOR Marine Holdings Inc.: SEACOR Marine and CMB Announce Transaction for Windfarm Support Business 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 ...

SEACOR Marine Sells Windcat Workboats to CMB Maritime Activity Reports, Inc. A Windcat Workboats vessel - Credit: Windcat Workboats New York-listed offshore vessel operator SEACOR Marine has agreed to sell its Windcat Workboats and its crew transfer vessel (“CTV”) business to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB). Windcat Workboats owns and operates a fleet of 46 offshore crew transfer vessels, mainly in the European offshore wind sector, but also in the oil and gas industry and outside Europe.  At the closing of the transaction, CMB will pay SEACOR Mari...

To embed, copy and paste the code into your website or blog: Which state’s wage and hour laws apply to Louisiana employers whose employees applied and interviewed for their jobs in Louisiana, acknowledged receipt of employment documents in Louisiana, and resided in Texas, Mississippi, and Ohio while they worked offshore?  The answer, according to the California Court of Appeals, is California if the employees are based in California. In Gulf Offshore Logistics, LLC et al. v. Superior Court of Ventura County, employees worked on a vessel that provided maintenance services to offshore oil p...