SEACOR Holdings Commences Consent Solicitation and Offer to Guarantee Seabulk International's 9½% Senior Notes Due 2013

SEACOR Holdings Inc. (NYSE:CKH) today announced that it and Seabulk International, Inc., its wholly-owned subsidiary, have commenced a solicitation of consents from holders of record as of February 13, 2006 of Seabulk’s $138,500,000 outstanding 9½% Senior Notes due 2013 (the “Notes”) to certain proposed amendments to the Indenture governing the Notes.

The consent solicitation is scheduled to expire at 5:00 p.m., New York City time, on February 28, 2006 (the “Expiration Date”), unless extended or earlier terminated. The effectiveness of the proposed amendments is subject to the satisfaction of certain conditions, including receipt of valid consents (the “Requisite Consents”) from holders of a majority in aggregate principal amount of all outstanding Notes prior to the Expiration Date. In consideration of the holders’ consent to the proposed amendments, if and when the Requisite Consents are received, SEACOR will fully and unconditionally guarantee Seabulk’s payment obligations under the Notes on a senior, unsecured basis and pay a cash consent fee of $2.50 for each $1,000 of principal amount of Notes for which consent is validly delivered and not revoked.

The terms and conditions of the consent solicitation are contained in the Consent Solicitation Statement and Prospectus and the related Consent Form, each dated February 14, 2006. Holders of the Notes can obtain copies of the Consent Solicitation Statement and Prospectus and Consent Form from the Information Agent, D.F. King & Co., Inc., at (800) 628-8532 (toll free) or, for banks and brokers, (212) 269-5550 (call collect).

UBS Securities LLC is acting as Solicitation Agent for the consent solicitation. Questions regarding the consent solicitation may be directed to UBS Securities LLC, attn: Liability Management Group at (888) 722-9555 ext. 4210 (toll free) or (203) 719-4210 (call collect).

SEACOR is a global provider of marine support and transportation service, primarily to the energy and chemical industries. SEACOR and its subsidiaries provide customers with a full suite of marine-related services including offshore services, U.S. coastwise shipping, inland river services, helicopter services, environmental services, and offshore and harbor towing services.