Seacor Marine Holdings Inc. · NYSE:SMHI
Seacor Marine — Investor Presentation (December 2024)
9 slides from Seacor Marine's investor presentation, Dec 2, 2024
Slide 1: SEACOR Marine Holdings Inc. Investor Presentation
SEACOR Marine Holdings Inc. SMHI LISTED Investor Presentation NYSE 2 December 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements Forward-Looking Statements discussed in this release as well as in other reports, materials and oral statements that SEACOR Marine Holdings Inc. (“SEACOR Marine” or the “Company”) releases from time to time to the public constitute “forward-looking statements” within the m
Slide 3: SEACOR Marine – Global OSV Owner with Modern Fleet
SEACOR Marine – Global OSV Owner with Modern Fleet Company Overview Global Presence • Leading provider of marine and support transportation services to offshore energy facilities worldwide with one of the youngest fleets in the industry • Listed on the NYSE (ticker: SMHI) with a market capitalizatio
Slide 4: High-Quality and Youngest Fleet of any Peer Competitor
High-Quality and Youngest Fleet of any Peer Competitor Platform Supply Vessels (PSV) Work Scope • 21 vessels and 2 newbuild vessels on order (plus 2 options) • Shallow water and deepwater activities • Average age of 7.3 years • Delivery of cargo, drilling fluids, fuel and water to rigs • 11 vessels
Slide 5: Robust Contract Backlog with Repricing Opportunities
Robust Contract Backlog with Repricing Opportunities Contract Backlog (1) exceeding $340.0M including Options Contract Backlog (incl. Options) by Year & Asset Class Contract Backlog (incl. Options) by Region Key Figures $169M 3% 5% $114M Africa & Europe 18% Middle East & Asia Average Backlog Contr
Slide 6: Strengthened and Simplified Debt Capital Structure
Strengthened and Simplified Debt Capital Structure On November 27, 2024, SMHI signed a new $391.0M senior secured credit facility intended to refinance its entire debt capital structure and provide construction financing for two newbuild PSVs Consolidates six separate debt facilities and addresses a
Slide 7: Newbuilding Order to Position SMHI’s Fleet for the Future
Newbuilding Order to Position SMHI’s Fleet for the Future On November 27, 2024, SMHI signed two shipbuilding contracts for the construction of two PSVs (plus two options) Key Specifications Strategic Rationale Type & Design: Two PSVs (Z 4423 Breeze Design) Competitive pricing relative to second-ha
Slide 8: Funding of Newbuild Program
Funding of Newbuild Program Back-Loaded Payment Terms Signing Steel Cutting Keel Laying Launch Delivery Milestone 2024 2025 2025 2026 Q4 ‘26 / Q1 ‘27 % of Contract Cost 20% 20% 10% 10% 40% Total Capex $16.4M $16.4M $8.2M $8.2M $32.8M Capex Funding Bridge The sale of non-core AHTSs will fund the fi
Slide 9: Contact: Investor Relations SMHI
Contact: Investor Relations SMHI LISTED Email: InvestorRelations@seacormarine.com NYSE Website: www.seacormarine.com seacormarine.com 9
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