SEACOR HOLDINGS INC. ANNOUNCES SALE OF U.S. HARBOR TOWING ASSETS AND OPERATIONS
FORT LAUDERDALE, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR”) announced today the sale of its U.S. harbor towing operations and assets from its Seabulk Towing Holdings Inc. (“Seabulk”) subsidiary to two parties, E.N. Bisso & Son, Inc. (“E.N. Bisso”) and Bay-Houston Towing Co. (“Bay-Houston”).
- FORT LAUDERDALE, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (“SEACOR”) announced today the sale of its U.S. harbor towing operations and assets from its Seabulk Towing Holdings Inc. (“Seabulk”) subsidiary to two parties, E.N.
- Bisso transaction includes 12 harbor towing vessels across ports in Florida and Alabama.
- Bisso and Bay-Houston are two industry leading harbor towing providers supported by many decades of safe and reliable operations,” said Eric Fabrikant, Chief Executive Officer of SEACOR Holdings.
- J.P. Morgan Securities LLC acted as exclusive financial advisor and Milbank LLP acted as legal advisor to SEACOR.