SECURITIES AND EXCHANGE COMMISSION
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|Item 7.01|| |
Regulation FD Disclosure.
On April 13, 2021, the SEACOR Power, a liftboat owned by a subsidiary of SEACOR Marine Holdings Inc. (the “Company”) with nineteen individuals on board, capsized off the coast of Port Fourchon, Louisiana.
On April 19, 2021, the Company distributed a letter to employees regarding the incident involving the SEACOR Power, thanking the U.S. Coast Guard for their rescue of six crew members and emphasizing the Company’s commitment to recovering all missing in this incident and continuing to support their families during this difficult time. This internal communication is furnished herewith as Exhibit 99.1 and is incorporated by reference into this Item 7.01.
The information in this Current Report shall not be deemed “soliciting material” or “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
|Item 9.01|| |
Financial Statements and Exhibits.
|99.1||Letter to Employees, dated April 19, 2021|
|104.1||Cover page interactive data file (embedded within the Inline XBRL document).|
Cautionary Note Regarding Forward Looking Statements
Certain statements in this Current Report on Form 8-K as well as in other materials and oral statements that the Company releases from time to time to the public constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements concern management’s expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters and involve significant known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of results to differ materially from any future results, performance or achievements discussed or implied by such forward-looking statements. Certain of these risks, uncertainties and other important factors are discussed in Item 1A. (Risk Factors) and Item 7 (Management’s Discussion and Analysis of Financial Condition and Results of Operations) of the Company’s Annual report on Form 10-K and other reports filed by the Company with the SEC. However, it should be understood that it is not possible to identify or predict all such risks, uncertainties and factors, and others may arise from time to time. All of these forward-looking statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “estimate,” “expect,” “project,” “intend,” “believe,” “plan,” “target,” “forecast” and similar expressions are intended to identify forward-looking statements. Forward-looking statements speak only as of the date of the document in which they are made. The Company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based. It is advisable, however, to consult any further disclosures the Company makes on related subjects in its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|SEACOR Marine Holdings Inc.|
|April 20, 2021||By:|
|Title:||President and Chief Executive Officer|
12121 Wickchester Lane
Houston, TX 77079
+1 346 980 1700
April 19, 2021
It is with deep sadness that I write to you today. As you may already be aware, on Tuesday, a liftboat owned by SEACOR Marine, the SEACOR Power, capsized south of Port Fourchon with nineteen individuals on board. While we are incredibly grateful to the U.S. Coast Guard for their rescue of six crew members, we are devasted by this tragedy. Our hearts and prayers are with all of our crew members, partners and the loved ones of those individuals who were lost.
After a comprehensive effort, the U.S. Coast Guard announced earlier today that it is suspending its search and rescue mission this evening absent any new information. This transition does not change our commitment to recovering all missing in this incident and continuing to support their families during this extremely difficult time. Our focus is entirely on doing all we can to further these efforts.
The recovery process will now be led by our salvage contractor, Donjon-Smit, LLC, which has been collaborating with the U.S. Coast Guard since Tuesday, along with the dive team from Phoenix International of Maryland. Donjon and Phoenix are some of the most experienced and qualified salvors and divers in the world and we have full confidence in their ability to complete the recovery mission.
We thank the U.S. Coast Guard for its support and commitment to the rescue of our crew members these past several days, and we thank all of the good Samaritan vessels, local authorities and the brave individuals who have also assisted with our search and rescue efforts.
For the past several days, we have been in regular contact with each of the families of the SEACOR Marine team members impacted by this event and are providing as much support as possible to the loved ones of your colleagues. Counseling services have been made available through the Lafourche Parish Sheriffs Office Police Services division, NTSB and the U.S. Coast Guard, and we are eternally grateful for their kindness and support. We are providing ongoing updates to the families based on briefings prepared by Donjon, and any new information we learn. As part of our support efforts for our colleagues families, we have been making hotel and meal accommodations, as well as family services such as childcare, available to loved ones.
As we mourn the loss of our team members, let us also look to each other for support and compassion. Know that you are not alone, and we have counseling resources available for you as we work through this difficult time together. Do not hesitate to reach out to Human Resources for information regarding those support services and we will be in touch right away.
During this time, we must take care of ourselves and support all our team members and our extended community. We thank you for your support and resilience and stand shoulder to shoulder with you as we grieve for our colleagues and friends.
We will keep you updated on the situation as we learn more. If you have any questions or need anything, please do not hesitate to reach out to your supervisor or any member of management.