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SEAMEC Ltd owns and operates 4 multi-support vessels for the provision of diving services, manned and unmanned subsea operations and related activities. It has also diversified into main fleet shipping vertical by acquiring 3 bulk carriers of various sizes.It owns the largest fleet of multi-functional vessels in India.
SEAMEC & HAL Offshore updated their vessel purchase agreement for 'SEAMEC ANANT'. Amendments cover delivery documents and new readiness/cancelling dates (Sept 15 / Oct 15). This related party transaction sees no material business impact.
SEAMEC's vessel, SEAMEC II, has completed its charter hire contract with ONGC. This operational development means the vessel is now off-hire, potentially impacting revenue streams and requiring new deployment strategies.
SEAMEC partnered with Supreme Hydro Engineering for diving technical expertise on its managed ONGC vessel, "SAMUDRA PRABHA." This agreement, valued at approximately USD 1.39 million (~11.5 Cr), strengthens operational support for the project.
SEAMEC partnered with Supreme Hydro Engineering for diving expertise on the ONGC vessel 'SAMUDRA SEVAK.' This approximately USD 1.47 million contract enhances SEAMEC's operational capabilities for a key ONGC project.
SEAMEC's vessel "SEAMEC SWORDFISH" has been off-hired for planned maintenance. The company will inform about its resumption in due course. This operational change impacts vessel availability.