SEAMEC off hires vessel Samudra Prabha for DG Shipping inspection

0 min read     Updated on 09 Jul 2026, 10:57 PM
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SEAMEC Limited off hired its vessel Samudra Prabha effective July 9, 2026, to facilitate an inspection by the Directorate General of Shipping. The vessel ceased operations at 16:50 hrs on the said date. This disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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SEAMEC Limited off hired its vessel Samudra Prabha effective July 9, 2026, to facilitate an inspection by the Directorate General of Shipping. The vessel ceased operations at 16:50 hrs on the said date. This operational pause is necessary to comply with regulatory inspection requirements.

The disclosure was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the stock exchanges regarding the deployment status of the managed vessel. The information was received by the exchanges on July 9, 2026, at 19:10 hours.

Detail Information
Vessel Name Samudra Prabha
Off Hire Date July 9, 2026
Off Hire Time 16:50 hrs
Purpose DG Shipping Inspection
Regulation Regulation 30 of SEBI (LODR) Regulations, 2015

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
-1.30%-2.15%-11.65%+33.12%+67.84%+195.50%

What is the expected duration of the DG Shipping inspection and when is the vessel likely to resume operations?

How will the temporary off-hire status of Samudra Prabha impact SEAMEC Limited's revenue for the current quarter?

Are there any potential regulatory findings from the inspection that could lead to extended downtime or compliance costs?

SEAMEC PALADIN arrives in India, to resume ONGC charter

1 min read     Updated on 03 Jul 2026, 01:43 AM
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SEAMEC Ltd reported that its vessel SEAMEC PALADIN arrived in India on July 02, 2026, following a delay in Dubai caused by a geopolitical situation after dry docking. The vessel is set to resume its Long Term Charter with ONGC in approximately 15 days after completing necessary formalities.

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SEAMEC Ltd announced that its vessel SEAMEC PALADIN arrived in India on July 02, 2026, at 15:45 hrs. The vessel had been held up in Dubai following the completion of dry docking due to a geopolitical situation. The arrival marks the end of the vessel's delay and its return to operational waters.

Following the completion of necessary formalities, SEAMEC PALADIN is scheduled to be redeployed with ONGC. The vessel will resume its Long Term Charter with the energy major in approximately 15 days. This redeployment is expected to restore the vessel's contribution to the company's revenue stream.

The company informed the stock exchanges regarding the deployment status via a filing on July 02, 2026. The information was received by the company at 16:33 hours on the same day. S.N. Mohanty, President - Corporate Affairs, Legal and Company Secretary, signed the disclosure.

Deployment Details

Detail Information
Vessel Name SEAMEC PALADIN
Arrival Date July 02, 2026
Arrival Time 15:45 hrs
Previous Location Dubai
Reason for Delay Geopolitical situation post dry docking
Redeployment Client ONGC
Charter Type Long Term Charter
Expected Redeployment ~15 days

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
-1.30%-2.15%-11.65%+33.12%+67.84%+195.50%

How will the extended delay in Dubai impact SEAMEC Ltd's Q2 FY2027 financial results?

What measures is the company implementing to mitigate similar geopolitical risks for its other vessels?

Will the redeployment with ONGC include any compensation for the downtime experienced during the delay?

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1 Year Returns:+67.84%