SEACOR Holdings, based in
Fort Lauderdale
A fortification is a military construction or building designed for the defense of territories in warfare, and is also used to establish rule in a region during peacetime. The term is derived from Latin ''fortis'' ("strong") and ''facere'' ...
, provides equipment and services to the offshore
petroleum industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of hydrocarbon exploration, exploration, extraction of petroleum, extraction, oil refinery, refining, Petroleum transport, transportation (of ...
and the marine transportation industry.
History
SEACOR was founded in 1989 by Charles Fabrikant.
In December 1989, the company acquired the marine unit of
Nicor Gas.
In 1992, the company became a
public company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( l ...
via an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
.
In 2004, the company acquired
Era Aviation following its acquisition of Tex-Air Helicopters in 2002.
Also in 2004, the company acquired Seabulk.
In March 2012, the company sold National Response Corporation and its affiliated businesses to J.F. Lehman & Company.
In January 2013, the company sold its energy trading division to
Par Pacific Holdings.
In 2017, the company acquired International Shipholding Corporation, including
Waterman Steamship Corporation.
In 2018, the company acquired full ownership of CLEANCOR Energy Solutions LLC.
In April 2021,
American Industrial Partners, a
private equity firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including le ...
, acquired the company.
See also
*
CG Railway
The CG Railway is a terminal railroad as reported by the Association of American Railroads. The CGR is headquartered in Mobile, Alabama, and is owned and operated by a 50/50 joint venture between SEACOR Holdings and Genesee & Wyoming. The rail ...
References
External links
{{Authority control
1989 establishments in Florida
1992 initial public offerings
Companies formerly listed on the New York Stock Exchange
Companies based in Fort Lauderdale, Florida
Transportation companies of the United States
Oilfield services companies
Transportation companies based in Florida