Seacor Holdings may have made a loss in the nine months to 30 September 2015 and says it is committed to further reducing costs, but as the company's CEO, Charles Fabrikant, noted when its results for the third quarter and year to date were issued, having a diverse fleet operating in diverse regions has helped cushion it from the worst effects of the downturn in the offshore oil and gas sector. Mr Fabrikant said Seacor Holdings' latest results "reflect extremely difficult conditions" in the offshore marine services business, but notwithstanding these challenges, the company's offshore business and other businesses continue to produce positive cash flow from operations.
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