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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
Brauninger, Andrew W.
134 Calco Boulevard, Suite 101
Lafayette, LA 70503
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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 - August 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. Vice President
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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
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)
8/21/98 P 500 (A) 8.25
8/27/98 P 500 (A) 7.625
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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)
10,128 (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
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6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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7. Title and Amount of Underlying Securities
Title Amount or Number of Shares
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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)
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Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ ANDREW W. BRAUNINGER
Andrew W. Brauninger
September 2, 1998
Date
