SEACOR Holdings Inc. announced that it has executed an agreement with Hyundai Heavy Industries Co. Ltd., through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs with delivery in 2015. These vessels will be equipped to meet current and expected environmental and regulatory requirements and feature substantially improved performance and consumption due to a new hull design and the latest generation MAN B&W G-type engines. SEACOR anticipates that the new vessels will be managed by Dorian (Hellas) S.A. ("Dorian") in a pool together with three VLGCs owned by affiliates of Dorian.

Seacor Holdings Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s operating revenues were $267,064,000 compared to $297,849,000 a year ago. Operating loss was $1,027,000 compared to operating income of $28,514,000 a year ago. Loss from continuing operations before income tax expense and equity in earnings of 50% or less owned companies was $12,820,000 compared to income from continuing operations before income tax expense and equity in earnings of 50% or less owned companies of $22,987,000 a year ago. Loss from continuing operations before equity in earnings of 50% or less owned companies was $10,167,000 compared to income from continuing operations before equity in earnings of 50% or less owned companies of $13,527,000 a year ago. Loss from continuing operations was $11,036,000 compared to income from continuing operations of $21,188,000 a year ago. Net loss attributable to the company was $10,874,000 or $0.55 per diluted share compared to net income attributable to the company of $36,488,000 or $1.75 per diluted share a year ago. Net loss attributable to the company from continuing operations was $10,763,000 or $0.55 per basic and diluted share compared to net income attributable to the company from continuing operations of $21,303,000 or $1.02 per diluted share a year ago.

Seacor Holdings Inc. Presents at 17th Annual BURKENROAD REPORTS Investment Conference, Apr-26-2013 11:00 AM. Venue: Westin New Orleans Canal Place Hotel, 100 Rue Iberville, New Orleans, LA 70130, United States. Speakers: John M. Gellert, Senior Vice President and President of Offshore Marine Segment.