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SEAMEC Limited ( (IN:SEAMECLTD) ) has issued an update.
SEAMEC Limited has announced a Bimco Charter Party agreement with A.D. Engineers & Contractors LLP for the charter hire of its vessel SEAMEC III. The vessel will be used for SAT Diving and Air Diving operations in the ONGC Oilfield on the West Coast of India. The contract is valued at approximately INR 61.13 crore and is set for a firm period of 70 days, with an option for extension. This agreement is expected to enhance SEAMEC’s operational capabilities and strengthen its market position in the marine services sector.
More about SEAMEC Limited
SEAMEC Limited operates in the marine and offshore services industry, providing specialized services such as SAT Diving and Air Diving. The company focuses on chartering vessels for operations in oilfields, particularly on the West Coast of India.
Average Trading Volume: 1,645
Technical Sentiment Signal: Sell
Current Market Cap: 20.13B INR
Find detailed analytics on SEAMECLTD stock on TipRanks’ Stock Analysis page.