FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Nautilus Acquisition, L.P.   2. Issuer Name and Ticker or Trading Symbol SEABULK INTERNATIONAL INC [SBLK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O CSFB PRIVATE EQUITY EQUITY, INC., ELEVEN MADISON AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 07/01/2005 (Street) NEW YORK, NY 10010 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/01/2005   U   11,737,830 D (1) 0 D (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Common Stock Purchase Warrants (right to buy)

$ 0.01

07/01/2005

U

82,365

05/09/2003

06/10/2007

Common Stock

82,365

(3)

0

D (2)

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Nautilus Acquisition, L.P. C/O CSFB PRIVATE EQUITY EQUITY, INC. ELEVEN MADISON AVENUE NEW YORK, NY 10010		X
Nautilus Intermediary, L.P. C/O CSFB PRIVATE EQUITY, INC. ELEVEN MADISON AVENUE NEW YORK, NY 10010		X
Nautilus AIV, L.P. C/O CSFB PRIVATE EQUITY, INC. ELEVEN MADISON AVENUE NEW YORK, NY 10010		X
Nautilus GP, LLC 809 TRAVIS STREET SUITE 1320 HOUSTON, TX 77002		X
Credit Suisse First Boston Private Equity, Inc. ELEVEN MADISON AVENUE NEW YORK, NY 10010		X
CREDIT SUISSE/ UETLIBERGSTRASSE 231 PO BOX 900 ZURICH, V8 CH 8070		X
Merkur-Nautilus Holdings, LLC 2188 CLOVER COURT EAST MEADOW, NY 11554		X
Merkur Martin 2188 CLOVER COURT EAST MEADOW, NY 11554		X
Turnham-Nautilus Holdings, LLC 808 TRAVIS STREET SUITE 1320 HOUSTON, TX 77002		X
TURNHAM ROBERT C JR 808 TRAVIS STREET SUITE 1320 HOUSTON, TX 77002		X

Signatures

See Exhibit 99.1 for Signatures		07/05/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1, note 2.
(2)	See Exhibit 99.1 for the identities of each Reporting Person and an explanation of responses.
(3)	Not applicable.
Remarks: Due to an excess number of reporting persons filing this Form 4, an identical filing is being made to accommodate the need to indicate an additional filer. This is 1 of 2.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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