SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                    
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                                 FORM 10-C
              REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                        INTERDEALER QUOTATION SYSTEM
                FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                            OR 15d-17 THEREUNDER
                                            
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                    SEACOR Holdings, Inc. (the "Issuer")
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               (Exact name of issuer as specified in charter)

                        11200 Westheimer, Suite 850
                            Houston, Texas 77042
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                  (Address of principal executive offices)
 Issuer's telephone number, including area code:      (713) 782-5990

                 I. CHANGE IN NUMBER OF SHARES OUTSTANDING
 Indicate any change (increase or decrease) of five percent or more in
 number of shares outstanding:

 1.   Title of Security:     common stock, $.01 par value ("Common Stock")

 2.   Number of shares outstanding before the change: 9,622,599 (excluding
      55,768 shares of Common Stock held in the Issuer's treasury)

 3.   Number of shares outstanding after the change:  11,790,932 (excluding
      55,768 shares of Common Stock held in the Issuer's treasury)

 4.   Effective date of change:       On or about July 12, 1996

 5.   Method of change:   Specify method (such as merger, acquisition,
                          exchange, distribution, stock split, reverse
                          split, acquisition of stock for treasury, etc.)

 Conversion of 6.0% Convertible Subordinated Notes due July 1, 2003 (the
 "6.0% Notes") 

 Give brief description of transaction:
 On July 6, 1996, the Issuer notified First Trust National Association, as 
 trustee, of the Company's election to call the 6.0% Notes for redemption
 on July 12, 1996.  On July 12, 1996, the holders of the 6.0% Notes
 converted the 6.0% Notes into shares of Common Stock at a ratio of 39.024 
 shares of Common Stock per $1,000 principal amount of the 6.0% Notes. The
 entire $55,250,000 principal amount outstanding of the 6.0% Notes was
 converted into 2,156,083 shares of Common Stock.

                        II. CHANGE IN NAME OF ISSUER

 1.   Name prior to change:              N/A

 2.   Name after change:                 N/A

 3.   Effective date of charter amendment changing name:       N/A
      
 4.   Date of shareholder approval of change, if required:     N/A
      
        July 22, 1996        /s/ Randall Blank
                               Chief Financial Officer, Executive
                               Vice President and Secretary
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            Date                    (Officer's signature and title)

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