SEAMEC Limited has recently informed exchanges that the company has entered into a BIMCO Charter Party Agreement with Asian Energy Services Limited, Mumbai, for the charter hire of its vessel SEAMEC III.
The vessel will carry out SAT Diving operations for FPSO installation and field startup along the East Coast of India. The firm operational period is 15 days, with an option for extension. During the mobilisation and demobilisation period, the vessel will be off-field for a maximum of 15 days and will be on standby rate.
The contract, valued at approximately USD 2.47 million (exclusive of GST), is set to commence between 15th and 25th January 2025. This agreement falls under the normal course of business, and there are no related party transactions or conflicts of interest.
In the meantime, SEAMEC shares closed today at Rs 1,139.95, slightly higher than the opening price of Rs 1,131.30. The stock reached a high of Rs 1,164.90 and a low of Rs 1,106.90 during the session. Over the past 52 weeks, the shares peaked at RS 1,669.95 and dipped to a low of Rs 927.00.
