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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
Hvide, J. Erik
2200 Eller Drive, P.O. Box 13038
Ft. Lauderdale, Florida 33316
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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 - April 1999
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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. Chairman, President and CEO
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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
CLASS B COMMON STOCK
CLASS B COMMON STOCK
CLASS B COMMON STOCK
CLASS B COMMON STOCK
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2-4 Transaction Date Transaction Securities Acquired (A) or
(Month/Day/Year) Code Vol Disposed (D)
(A) or Price
Amount (D) (per share)
4/1/99 S 15,000 D 2.4375
4/1/99 S 5,000 D 2.5625
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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)
59,490* D
420,335 I by limited partnership
794,909 I by limited partnership
78,230 I by limited partnership
202,992 I by limited partnership
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* Includes 15,490 shares acquired pursuant to the HMI Retirement Plan &
Trust plan.
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Derivative Security
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2. Conversion or Exercise Price of Derivative Security
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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/ J. ERIK HVIDE
J. Erik Hvide
May 10, 1999
Date
