8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported):    January 18, 2001

                                SEACOR SMIT Inc.

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             (Exact name of registrant as specified in its charter)

Delaware                             0-12289                  13-3542736
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(State or other jurisdiction       (Commission             (I.R.S. employer
incorporation or organization)     File Number)            identification no.)

11200 Richmond Avenue, Suite 400          Houston, Texas           77082
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       (Address of principal executive offices)                  (Zip Code)


Registrant's telephone number,
including area code                       (713) 782-5990
                                          ------------------------------


NY2:\1001155\01\73293.0004




Item 5.  Other Events.

         On January 17, 2001, the Company announced that it had called for
redemption $50,000,000 of the $181,600,000 in aggregate principal amount
outstanding of its 5-3/8% convertible subordinated notes due 2006 .

Item 7.  Financial Statements and Exhibits.

         (c) Exhibits

99.1              SEACOR press release dated January 18, 2001.












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                                   SIGNATURES

                  Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                   SEACOR SMIT INC.
                                     (Registrant)


Date: January 17, 2000             By:/s/ Randall Blank
                                      ------------------------
                                      Name:   Randall Blank
                                      Title:  Executive Vice President and
                                              Chief Financial Officer








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                                  EXHIBIT INDEX

EXHIBIT NO.       EXHIBIT

99.1     SEACOR press release dated January 18, 2001












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EX-99

Exhibit 99.1



[SEACOR SMIT INC. LOGO]                                          PRESS RELEASE




             SEACOR ANNOUNCES ITS INTENTION TO PARTIALLY REEDEM ITS
                         CONVERTIBLE SUBORDINATED NOTES


HOUSTON, TEXAS
January 18, 2001

FOR IMMEDIATE RELEASE - SEACOR SMIT Inc. (NYSE:CKH)("SEACOR") announced today
that it intends to call for redemption on February 20, 2001 $50,000,000 of the
$181,600,000 in aggregate principal amount outstanding of its 5-3/8% convertible
subordinated notes due 2006. The redemption price would be $1,029.90 per $1,000
principal amount of notes plus accrued interest from November 15, 2000 to the
redemption date. Holders of notes being called would be able to convert any or
all of their notes into 22.727 shares of Common Stock per $1,000 principal
amount of notes until the close of business (5:00 p.m., Eastern Standard Time)
on February 16, 2001.

SEACOR expects to enter into a standby agreement with Credit Suisse First Boston
Corporation under which Credit Suisse First Boston will agree, subject to
certain conditions, to purchase from SEACOR the shares of Common Stock that
otherwise would have been delivered upon conversion of up to $50,000,000
aggregate principal amount of the notes that are subject to the call but are not
converted. SEACOR would use those proceeds to redeem notes that are called for
redemption but not converted.

THIS RELEASE DOES NOT CONSTITUTE AN OFFER FOR SALE OF ANY SECURITIES.

SEACOR and its subsidiaries engage in two primary activities (i) operation of a
diversified fleet of marine vessels primarily dedicated to supporting offshore
oil and gas exploration and development in the U.S. Gulf of Mexico, offshore
West Africa, the North Sea, the Far East, Latin America, and other foreign
regions and (ii) provision of environmental services domestically and
internationally, including marine oil spill response, training, and consulting.

This release includes "forward-looking statements" intended to qualify for the
safe harbor from liability established by the Private Securities Litigation
Reform Act of 1995. Statements herein that describe the company's business
strategy, industry outlook, objectives, plans, intentions or goals also are
forward-looking statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those in forward-looking statements. The forward-looking
statements included in this release are made only as of the date of this release
and the company undertakes no obligation to publicly update the forward-looking
statements to reflect subsequent events or circumstances.

For additional information, contact Randall Blank at (212) 307-6633, or visit
SEACOR's website at www.seacormarine.com.




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