PURSUANT TO RULE NO. 424(b)(3)
REGISTRATION NO. 333-34941 PROSPECTUS
SUPPLEMENT NO. 6
(TO THE PROSPECTUS DATED OCTOBER 16, 1997)
2,300,000 Preferred Securities
Hvide Capital Trust
6 1/2% Trust Convertible Preferred Securities
(Liquidation Preference $50 per Preferred Security)
and
4,176,880 Shares
Hvide Marine Incorporated
Class A Common Stock
(Including 4,035,120 Shares Issuable Upon Conversion of the Preferred
Securities)
This Prospectus Supplement No. 6 supplements and amends the Prospectus
dated October 16, 1997 (the "Prospectus") relating to the resale of (i) the 6
1/2% Trust Convertible Preferred Securities (the "Preferred Securities"), which
represent preferred undivided beneficial ownership interests in the assets of
Hvide Capital Trust, a statutory business trust formed under the laws of the
State of Delaware, (ii) the shares of common stock of Hvide Marine Incorporated,
a Florida corporation (the "Company"), par value $0.001 per share (the "Hvide
Class A Common Stock"), issuable upon conversation of the Preferred Securities;
and (iii) 141,760 shares of Hvide Class A Common Stock issued by the Company in
connection with an acquisition of certain vessels.
The table on pages 83 and 84 of the Prospectus, which sets forth
information with respect to the Selling Holders (as defined in the Prospectus)
and the respective amounts of Preferred Securities beneficially owned by each
Selling Holder that may be offered pursuant to the Prospectus (as supplemented
and amended) (the "Selling Holder Table"), is hereby amended so that the
following line item reads as follows:
<TABLE>
<CAPTION>
Shares of Common
Stock Issuable Upon
Number of Conversion of
Selling Holders Preferred Securities Preferred Securities
<S> <C> <C>
McMahan Securities Co., L.P................................ 15 26
</TABLE>
The Prospectus, Prospectus Supplement No. 1, Prospectus Supplement No. 2,
Prospectus Supplement No. 3, Prospectus Supplement No. 4, Prospectus Supplement
No. 5 and this Prospectus Supplement No. 6 constitute the prospectus required to
be delivered by Section 5(b) of the Securities Act of 1933, as amended, with
respect to offers and sales of the Preferred Securities and the Hvide Class A
Common Stock issuable upon conversion of the Preferred Securities. All
references in the Prospectus to "the Prospectus" are hereby amended to read "the
Prospectus (as supplemented and amended)."
PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER THE MATTERS
DISCUSSED UNDER THE CAPTION "RISK FACTORS" BEGINNING ON PAGE
13 OF THE PROSPECTUS.
<PAGE>
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAVE THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus Supplement is January 4, 1999
