UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 16, 2005
GULFMARK OFFSHORE, INC.
Delaware
(State or other jurisdiction of incorporation)
000-22853
(Commission file number)
76-0526032
(I.R.S. Employer Identification No.)
10111 Richmond Avenue, Suite 340, Houston, Texas 77042
(Address of principal executive offices) (Zip Code)
(713) 963-9522
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|__| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|__| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|__| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|__| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective May 16, 2005, GulfMark Offshore, Inc. (together with its subsidiaries, the "Company") has amended its $50 Million Senior Secured Recurring Revolving Multi-Currency Credit Facility originally dated December 23, 2004, as amended, to reduce the required insurance value of the Company's collateral vessels from 90% to 85% of market value and to allow for multiple outstanding tranches. A copy of the letter agreement approving the amendment is filed as Exhibit 10.1 hereto.
ITEM 9.01. Financial Statements and Exhibits
(c) Exhibits
The following exhibit is filed with this report.
Exhibit No. Description
10.1 Letter Agreement from Nordea to Gulf Offshore N.S. Ltd. and GulfMark
Offshore, Inc. effective May 16, 2005
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.
May 16, 2005
GulfMark Offshore, Inc.
(Registrant)
By: /s/ Edward A. Guthrie
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Executive Vice President and
Chief Financial Officer