Seacor Marine Holdings Inc. · NYSE:SMHI
Seacor Marine — 5th Annual Crédit Agricole CIB Shipping Conference - Offshore Wind Vessels 2023
17 slides from Seacor Marine's conference presentation, Jun 20, 2023
Slide 1: Energy Transition in the U.S.: Offshore Wind and Decommissioning
SEACOR Marine Holdings Inc. Energy Transition in the U.S.: Offshore Wind and Decommissioning 5th Annual Crédit Agricole CIB Shipping Conference - Offshore Wind Vessels (New York, 20 June 2023)
Slide 2: Forward-Looking Statement
Forward-Looking Statement Certain 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 meaning of
Slide 3: Agenda
Agenda 1 Company Overview 2 Offshore Wind 3 Energy Transition: Decommissioning and P&A seacormarine.com 3
Slide 4: Company Overview
Company Overview Introduction to SEACOR Marine Diversified Asset Base(2) Revenue Diversification(2) 2022 Property, Plant & Equipment by Region 2022 by Vessel Class 2022 • Leading provider of marine and support transportation services to offshore energy facilities 39% PSV worldwide 34% FSV • SEACOR M
Slide 5: Versatile and Diversified Fleet of Modern High-Spec Vessels
Versatile and Diversified Fleet of Modern High-Spec Vessels PSV FSV Liftboat AHTS 21 Platform Supply Vessels 25 Fast Support Vessels (1) 9 Liftboats 4 Anchor Handling Towing Supply(2) Average Age of 5.5 years Average Age of 9.0 years Average Age of 12.2 years Average Age of 13.8 years One of the ind
Slide 6: Well-Suited Fleet to Support Increasing Energy Transition and Renewables Demand
Well-Suited Fleet to Support Increasing Energy Transition and Renewables Demand SMHI’s energy-efficient fleet is working for a diverse customer base, providing industry-leading offshore solutions across the value chain to meet energy transition goals Renewables / Offshore Wind Energy Transition Oil
Slide 7: Global Presence to Meet Customer Needs
Global Presence to Meet Customer Needs Total Fleet: 59 Vessels 16 Middle East & Asia 15 United States 5 PSVs 8 FSVs 3 PSVs 2 Liftboats 5 FSVs (1 leased-in, 2 managed) 1 AHTS 7 Liftboats Latin America 9 19 Africa & Europe 7 PSVs 6 PSVs 2 FSVs 10 FSVs 3 AHTSs (1 leased-in) Note: As of June 16, 2023. s
Slide 8: Early Adopter / Investor in Offshore Wind and Energy Transition Assets
Early Adopter / Investor in Offshore Wind and Energy Transition Assets December 2011 January 2019 April 2023 Invested in Windcat Acquisition of remaining Committed to additional Hybrid Workboats (fleet of shares in Windcat Workboats PSV conversion and announced CTVs) with a 75% stake plans for poten
Slide 9: Actively Investing and Supporting the Energy Transition
Actively Investing and Supporting the Energy Transition Investing in Green Technology • Industry pioneer in the use of hybrid power, with plans for further investments in hybrid power solutions and green technologies to minimize environmental impact • First to implement hybrid well stimulation techn
Slide 10: In Focus: Liftboats
In Focus: Liftboats Flexible assets supporting offshore wind and the energy transition Full Well Cycle Services with Growing Demand Offshore Oil and Natural Gas • U.S. focus, increased activity driven by federally mandated decommissioning and Mission flexible for shelf locations: plug and abandonmen
Slide 11: Agenda
Agenda 1 Company Overview 2 Offshore Wind 3 Energy Transition: Decommissioning and Plug & Abandonment seacormarine.com 11
Slide 12: Liftboats - Well Positioned to Support US Offshore Wind Sector
Liftboats - Well Positioned to Support US Offshore Wind Sector Description US Offshore Wind Forecast • Strong momentum in the development of offshore wind farms on the 40 2,500 East Coast of the United States will drive significant vessel demand 36 including CTVs, SOVs/CSOVs, Liftboats and WTIVs ove
Slide 13: Offshore Wind Projects
Offshore Wind Projects SEACOR Marine’s track record in the offshore wind market: Date Offshore Wind Farm Developers Vessels Scope of Work Liftboat “LB Robert” Installation of foundations, feedering of blades, tower 2015-2016 Liftboat “LB Caitlin” sections and other cargo (acquired by Ørsted) Liftboa
Slide 14: Agenda
Agenda 1 Company Overview 2 Offshore Wind 3 Energy Transition: Decommissioning and Plug & Abandonment seacormarine.com 14
Slide 15: Liftboats - Key Component to Address Legacy Offshore Infrastructure
Liftboats - Key Component to Address Legacy Offshore Infrastructure Legacy Oil and Natural Gas Market ESG Focus Leading to New Demands • High level of Decommissioning and Plug & Abandonment (“P&A”) activity expected in the U.S. after several years of deferred program Increased focus on Liftboats sho
Slide 16: Inflation Reduction Act Supports Decommissioning and P&A
Inflation Reduction Act (“IRA”) Supports Decommissioning and P&A IRA’s Methane Emissions Reduction Program will help reduce methane emissions • Up to $1.55 billion in grants, rebates and loans to help reduce methane emissions from certain oil and natural gas systems • The Act will provide over $30 b
Slide 17: Thank You
Thank You seacormarine.com 17