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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AJ27jJXHFjwgwaAZA8FyZAYksdBZc5uAWJrSCIn4RomCGsR4iXFiyH7jKs/rg5og
 Yw+aPSVMJfRfxDhd0pdDpw==

<SEC-DOCUMENT>0000909518-04-000472.txt : 20040521
<SEC-HEADER>0000909518-04-000472.hdr.sgml : 20040521
<ACCEPTANCE-DATETIME>20040521154829
ACCESSION NUMBER:		0000909518-04-000472
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040519
FILED AS OF DATE:		20040521

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEACOR HOLDINGS INC /NEW/
		CENTRAL INDEX KEY:			0000859598
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				133542736
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		11200 RICHMOND AVENUE
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77082
		BUSINESS PHONE:		2818994800

	MAIL ADDRESS:	
		STREET 1:		11200 RICHMOND AVENUE
		STREET 2:		SUITE 400
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77082

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEACOR SMIT INC
		DATE OF NAME CHANGE:	19970515

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEACOR HOLDINGS INC
		DATE OF NAME CHANGE:	19950327

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEACORE HOLDINGS INC
		DATE OF NAME CHANGE:	19950313

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FAIRBANKS RICHARD M
		CENTRAL INDEX KEY:			0001020070

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12289
		FILM NUMBER:		04824212

	BUSINESS ADDRESS:	
		STREET 1:		GATX CORP
		STREET 2:		500 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661
		BUSINESS PHONE:		3126216603

	MAIL ADDRESS:	
		STREET 1:		GATX CORP
		STREET 2:		500 WEST MONROE STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>fairbanks5-20_form4ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-05-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000859598</issuerCik>
        <issuerName>SEACOR HOLDINGS INC /NEW/</issuerName>
        <issuerTradingSymbol>CKH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001020070</rptOwnerCik>
            <rptOwnerName>FAIRBANKS RICHARD M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SEACOR HOLDINGS INC.</rptOwnerStreet1>
            <rptOwnerStreet2>460 PARK AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-05-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>125</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27625</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Options (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>37.88</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-05-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-05-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The options and stock awards being reported on this Form 4 were granted pursuant to SEACOR SMIT Inc.'s 2003 Non-Employee
Director Share Incentive Plan.</footnote>
        <footnote id="F2">The zero (&quot;0&quot;) in this column is a dummy amount, solely for the purpose of permitting the use of a descriptive footnote
stating that the price is not applicable.</footnote>
        <footnote id="F3">The options are exercisable on the earlier to occur of (i) May 19, 2005 and (ii) the date of the first annual meeting of
stockholders occurring after the date of the grant of the options, provided that the Reporting Person continues to serve as
a director of the company on such date and provided, however, that the options become immediately exercisable upon (a) a
change in control of the company or (b) the disability or death of the Reporting Person.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Dick Fagerstal, Attorney-in-fact</signatureName>
        <signatureDate>2004-05-20</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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