MARITIME BRIEFS

MARITIME BRIEFS

SEACOR TO BUY ASSETS

OF JOHN E. GRAHAM

NEW YORK - Seacor Holdings Inc. said it has agreed to buy most of the assets of John E. Graham and Sons, an offshore marine transportation company, for $72 million.

John E. Graham is based in Bayou La Batre, Ala.

The definitive agreement follows the terms of a letter of intent signed last May but excludes from the transaction a shipyard and certain real estate that will be retained by the sellers.

The Graham fleet includes seven offshore supply vessels, 37 crew boats, five mini-supply vessels, and 79 utility boats. Graham personnel will be offered opportunities for employment.

The transaction is expected to close by Sept. 30.

MITSUI O.S.K. LINES

OPENS OFFICE IN HANOI

CONCORD, Calif. - Mitsui O.S.K. Lines has opened a representative office in Hanoi, Vietnam, the shipping line's U.S. unit, Mitsui O.S.K. Lines (America) Inc., said.

The office is located at 74 Nguyen Du St. The company said it opened the office because it anticipates further increases in trade volume and foreign investment in the area.