Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Kensico Associates, L.P.
 2. Date of Event Requiring Statement (Month/Day/Year)
10/30/2008		 3. Issuer Name and Ticker or Trading Symbol
SEACOR HOLDINGS INC /NEW/ [CKH]
(Last)
(First)
(Middle)
C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

GREENWICH, CT 06830		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 575,940 (1)
D (1)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kensico Associates, L.P.
C/O KENSICO CAPITAL MANAGEMENT
55 RAILROAD AVENUE, 2ND FLOOR
GREENWICH, CT 06830		     X    
Kensico Capital, LLC
C/O KENSICO CAPITAL MANAGEMENT
55 RAILROAD AVENUE, 2ND FLOOR
GREENWICH, CT 06830		     X    
Lowenstein Michael Bernard
C/O KENSICO CAPITAL MANAGEMENT
55 RAILROAD AVENUE, 2ND FLOOR
GREENWICH, CT 06830		     X    
Coleman Thomas Jason
C/O KENSICO CAPITAL MANAGEMENT
55 RAILROAD AVENUE, 2ND FLOOR
GREENWICH, CT 06830		     X    

Signatures

/s/ Michael Bernard Lowenstein, Managing Member of Kensico Capital, L.L.C., General Partner of Kensico Associates, L.P. 11/10/2008
**Signature of Reporting Person Date
/s/ Michael Bernard Lowenstein, Managing Member of Kensico Capital, L.L.C. 11/10/2008
**Signature of Reporting Person Date
/s/ Michael Bernard Lowenstein 11/10/2008
**Signature of Reporting Person Date
/s/ Thomas Jason Coleman 11/10/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) The securities reported as directly beneficially owned by Kensico Associates, L.P. may be deemed to be indirectly beneficially owned by Kensico Capital, L.L.C., Thomas Jason Coleman and Michael Bernard Lowenstein. Michael Bernard Lowenstein and Thomas Jason Coleman are managing members of Kensico Capital, L.L.C., which is the sole general partner of Kensico Associates, L.P. Pursuant to Instruction 5(b)(iv) of Form 3, Kensico Capital, L.L.C., Thomas Jason Coleman and Michael Bernard Lowenstein have elected to report as indirectly beneficially owned the entire number of securities owned by Kensico Associates, L.P. but each of them disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed its or his pecuniary interest therein and/or that are not actually distributed to it or him.

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