SEACOR Marine (SMHI) is an Offshore Support Vessel (OSV) play, and considered an alternative to Tidewater (TDW) for investors who prefer US listings. It is illiquid and has corrected a lot since the past earnings report... and in contrast to its ‘big brother’ TDW 0.00%↑ the valuation has not recovered much.
But with yesterday’s report, net income is back in positive territory for the first time in years. Back to black.