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FORM 4
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STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP
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1. Name and Address of Reporting Person
Farmer, Gerald
6711 N. Ocean Boulevard #8
Ocean Ridge, FL 33425
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2. Issuer Name and Ticker or Trading Symbol
Hvide Marine Incorporated (HMAR)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year - June 1998
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
1. Director
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7. Individual or Joint/Group Filing -- Form filed by One Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security - CLASS A COMMON STOCK
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2-4 Transaction Date Transaction Securities Acquired (A)
(Month/Day/Year) Code Vol Amount Price (per share)
6/2/98 A V 500 (A) n/a
6/22/98 A V 83 (A) 15.125
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5-7. Amount of Securities Ownership Form: Nature of Indirect
Beneficially Owned at Direct (D) or Beneficial Ownership
End of Month. Indirect (I)
7,974 (D)
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Derivative Security - Stock Option
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2. Conversion or Exercise Price of Derivative Security -- 14.3750
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3-5 Transaction Date Transaction Number of Derivative
(Month/Day/Year) Code Vol Securities Acquired
6/2/98 A V 2,000
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6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
6/2/99 6/2/08
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7. Title and Amount of Underlying Securities
Title Amount or Number of Shares
Class A Common Stock 2,000
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8. Price of Derivative Security
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9-11. Amount of Derivative Ownership Form: Nature of Indirect
Securities Beneficially Direct (D) or Beneficial Ownership
Owned at End of Month. Indirect (I)
2,000 (D)
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Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ GERALD FARMER
Gerald Farmer
July 10, 1998
Date
