Seamec off-hires Barge SEAMEC GLORIOUS after charter ends
Seamec Limited has off-hired Barge SEAMEC GLORIOUS effective May 22, 2026, at 00:00 hrs, following the completion of a charter with Larsen & Toubro Limited. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
*this image is generated using AI for illustrative purposes only.
Seamec Limited has off-hired its Barge SEAMEC GLORIOUS following the successful completion of a charter contract with Larsen & Toubro Limited. The vessel was officially off-hired effective May 22, 2026, at 00:00 hrs. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company informed the stock exchanges that the charter period with the infrastructure major had concluded. The specific details regarding the financial impact of this off-hire were not disclosed in the regulatory filing.
Deployment Status
The following table summarizes the key details regarding the deployment status of the barge:
| Barge Name | Status | Date | Client |
|---|---|---|---|
| SEAMEC GLORIOUS | Off-hired | May 22, 2026 | Larsen & Toubro Limited |
The communication regarding this development was received by the exchanges on May 22, 2026, at 07:37 hours. The company has requested the exchanges to place this information on their records.
Historical Stock Returns for Seamec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.30% | +8.06% | +5.84% | +80.24% | +87.03% | +266.07% |
What are Seamec Limited's plans for redeploying SEAMEC GLORIOUS, and are there any new charter contracts currently under negotiation?
How will the off-hiring of SEAMEC GLORIOUS impact Seamec Limited's revenue and fleet utilization rate for the upcoming quarters?
Is Larsen & Toubro likely to renew or extend charter agreements with Seamec Limited for future offshore infrastructure projects?
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