Seamec Limited

Equities

SEAMECLTD

INE497B01018

Oil Related Services and Equipment

Market Closed - Bombay S.E. Other stock markets 11:00:49 16/05/2024 BST			5-day change	1st Jan Change
1,037 ^INR	+1.23%		+2.46%	-1.16%

05-14	Seamec Limited Announces the Cessation of Deepak Shetty as Independent Director	CI
05-01	Seamec Arm Signs Pact to Purchase Vessel in Indonesia	MT

Seamec Limited Announces Award for Charter Hire of Barge Sans Tugs 'Seamec Glorious' for ONGC

July 07, 2023 at 08:13 am

Seamec Limited informed that ONGC vide its Notification of Award (NOA) letter no. MUM/OFF- LOGISTICS/MM/2022/1027607/P76SC22004/Seamec Glorious/9010036703 dated 6th July, 2023 has awarded contract to the Company for Charter hire of Barge sans Tugs "SEAMEC GLORIOUS" for 2 fair weather seasons during 2023-24 & 2024-25 for Western Offshore. The duration of the contract for 2 fair weather seasons will be for 425 days.

The Barge, for the first fair weather season, will be mobilized within the window of 16th October, 2023 to 31st October, 2023. The total contract value will USD 32 million inclusive of GST.

Latest news about Seamec Limited

Seamec Limited Announces the Cessation of Deepak Shetty as Independent Director	05-14	CI
Seamec Arm Signs Pact to Purchase Vessel in Indonesia	05-01	MT
Seamec Gets Extension for Vessel Charter in Middle East	04-24	MT
Seamec Limited Enters into an Addendum with M/S. Zamil Offshore Services Company, Saudi Arabia for Extension of Charter Hire of Vessel Seamec Swordfish for a Further Period of 30 Days	04-23	CI
Seamec Completes Sale of Vessel	04-08	MT
Seamec to Extend Over $3 Million Loan to Subsidiary	04-02	MT
Seamec Unit to Sell Bulk Carrier Seamec Nidhi to Joyo Shipping	03-06	MT
Seamec Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	02-12	CI
Seamec Begins Charter of Seamec Swordfish Vessel	01-29	MT
Seamec Ropes in Ships and Boats Oil Services to Transport Vessel from Egypt to India	01-10	MT
Seamec Revises Vessel Chartering Price for Saudi Arabia Deal	01-08	MT
Seamec Completes Purchase of Vessel Sea Diamond	01-03	MT
Seamec Signs Pact for Charter Hire Worth $9.6 Million	12-27	MT
Seamac Signs MoU to Provide Three-Year Charter Services for $9.6 Million	12-27	MT
Seamec Limited Enters into Memorandum of Understanding with M/S. Hal Offshore Limited	12-26	CI
Seamec Signs Pact Worth $5.3 Million to Charter Vessel in Saudi Arabia	12-05	MT
Seamec Limited Enters into A Bimco Charter Party with Zamil Offshore Services Company	12-04	CI
Seamec Signs Pact to Acquire Vessel for $7 Million	12-01	MT
Seamec to Buy Vessel Sea Diamond for $7 Million	11-17	MT
Seamec Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	11-06	CI
Seamec Limited Enters into Addendum with Posh India Offshore Private Limited	19/10/23	CI
Seamec Limited and James Fisher Marine Services Limited for Charter Hire of Vessel "Subtech Swordfish"	29/09/23	CI
Seamec Limited Announces Incorporation of New Step-Down Subsidiary	10/08/23	CI
Seamec Limited Declares Interim Dividend, Payable on or Before September 1, 2023	10/08/23	CI
Seamec Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	10/08/23	CI

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Company Profile

Seamec Limited provides oilfield services and diving support vessels (DSV) in India and abroad. The Company operates multi support vessels for providing support services including marine, construction and diving services to offshore oilfields and bulk carrier vessel for providing bulk carrier services. It has also ventured into diversified tunnel construction project. Its marine offshore division capabilities include inspection/work class ROV operation support, inspection and maintenance of single buoy moorings, and removal and re-installation of single buoy moorings. Its offshore fleets include SEAMEC II, SEAMEC III, SEAMEC PRINCESS, SEAMEC PALADIN and SUBTECH SWORDFISH which are multi-support, multi-functional DSVs and SEAMEC GLORIOUS an accommodation barge. The Company is engaged in the bulk carrier business, which includes transportation of various dry-bulk materials, including food staples, commodities, industrial products and scrap. It also owns and operates ASIAN PEARL.

Sector

Oil Related Services and Equipment

Calendar

22/05/2024 - Q4 2024 Earnings Release (Projected)

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Sector Oil Related Services

	1st Jan change	Capi.
SEAMEC LIMITED	-1.16%	312M
SUBSEA 7 S.A.	+27.26%	5.18B
TECHNIP ENERGIES N.V.	+9.36%	4.48B
LIBERTY ENERGY INC.	+26.13%	3.85B
AKER SOLUTIONS ASA	+4.95%	1.98B
TGS ASA	-8.93%	1.43B
SELECT WATER SOLUTIONS, INC.	+29.71%	1.01B
SEA1 OFFSHORE INC.	+20.11%	737M
BUMI ARMADA	+15.15%	712M
DAYANG ENTERPRISE HOLDINGS	+62.50%	650M

Oil Related Services