T Rowe Price bolstered its position in Seacor Holdings three weeks after the diversified owner announced that a New York private equity firm plans to take it private.

Seacor, the New York-listed, Jones Act owner of bulkers, car carriers, tankers and specialised vessels, said on 7 December that an American Industrial Partners (AIP) affiliate will begin a tender offer to buy Seacor's outstanding shares for $41.50