Lawyers for Seacor affiliate SCF Investments and for Greeceand Argentina-based Argenmar did not give details of the agreement.
New York Supreme Court judge Eileen Bransten has closed thecase.
As TradeWinds has reported last year, New York-listedSeacor, though SCF, alleged in the lawsuit that Argenmar owed it $3.46m after it defaulted on loan connected to the 23,900-dwt bulkerArgenmar Austral (built 1984).
Argenmar admitted to missing an annual payment for the loan butdenied that Seacor was entitled to call in the full amount owed.
