• SEACOR Marine entered a May 20, 2026 letter agreement to amend its November 27, 2024 credit agreement with an EnTrust Global affiliate as lender.
• The amendment releases USD 13.7 million from a restricted escrow account tied to vessel sale proceeds.
• It also cancels USD 24.6 million of undrawn Tranche B commitments that had been earmarked for construction payments on two platform supply vessels priced at USD 41 million each.
• The escrow balance rises to USD 41 million following the release, which the company expects will fully fund the remaining PSV construction payments without additional Tranche B proceeds.
• The two new PSVs are expected to be delivered in the fourth quarter of 2026 and the first quarter of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEACOR Marine Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001690334-26-000012), on May 21, 2026, and is solely responsible for the information contained therein.