<div><div></div><div>SEACOR Marine entered into a Waiver and Consent Letter to modify its 2024 Credit Agreement. The amendment releases $13.7 million from a restricted escrow to the borrower and cancels $24.6 million of undrawn Tranche B commitments. After the release, the escrow holds $41.0 million, which will fully fund remaining payments for two platform supply vessels without additional Tranche B proceeds. The PSVs are expected to be delivered in Q4 2026 and Q1 2027.Agreement details:<ul><li>Agreement type: Waiver and Consent Letter modifying 2024 Credit Agreement</li><li>Counterparty: EnTrust Global; Kroll Agency Services; Kroll Trustee Services</li><li>Signed / Effective: May 20 2026 / same</li><li>Duration / Termination: At will</li><li>Reason: Fund PSV construction and optimize credit commitments</li></ul>Original SEC Filing: SEACOR Marine Holdings Inc. [ SMHI ] - 8-K - May. 21, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

SMHI

SEACOR Marine has modified its 2024 Credit Agreement through a Waiver and Consent Letter, releasing $13.7 million from escrow and canceling $24.6 million of undrawn Tranche B commitments. The remaining escrow balance of $41.0 million will fund payments for two platform supply vessels expected to be delivered in Q4 2026 and Q1 2027.

Seacor Marine Modifies 2024 Credit Deal; Frees $13.7M Escrow, Cancels $24.6M Tranche B