Seamec Limited has announced the resumption of charter operations for its vessel SEAMEC SWORDFISH, following the rectification of a previously reported defect. The vessel has recommenced its charter with Safeen Al Behar Limited, effective September 11, 2025, at 17:35 hours.

Background

The company had earlier informed the stock exchanges about SEAMEC SWORDFISH going off-hire due to a defect in a letter dated August 28, 2025. This temporary suspension of operations had raised concerns among stakeholders about potential impacts on the company's revenue and operational efficiency.

Resumption Details

According to the official disclosure made by Seamec Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

• The vessel SEAMEC SWORDFISH has successfully addressed the reported defect.
• Charter operations with Safeen Al Behar Limited have resumed.
• The effective date and time of resumption are September 11, 2025, at 17:35 hours.

Company Statement

S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary of Seamec Limited, confirmed the development in a communication to the stock exchanges. The company emphasized its commitment to transparency by promptly informing shareholders and the market about this operational update.

Implications

The swift resolution of the technical issue and the subsequent resumption of charter operations are likely to be viewed positively by investors and industry observers. This development suggests Seamec Limited's ability to efficiently manage and resolve operational challenges, minimizing potential financial impacts from vessel downtime.

As Seamec Limited continues to navigate the dynamic marine and offshore services sector, the company's operational efficiency and fleet management capabilities remain crucial factors for its performance and market position.

Seamec Limited, a prominent player in the offshore services sector, has announced the successful deployment of its vessel SEAMEC II for a contract with Oil and Natural Gas Corporation (ONGC). The deployment marks a continuation of Seamec's ongoing operations with the state-owned oil and gas giant.

Contract Commencement

According to the company's official communication to the stock exchanges, SEAMEC II commenced its ONGC contract operations on September 9, 2025, at 19:00 hours. This deployment follows the completion of necessary customs clearances and statutory formalities, ensuring full compliance with regulatory requirements.

Vessel Details

SEAMEC II, one of the key assets in Seamec Limited's fleet, has been hired to continue its operations under the ONGC contract. The vessel's deployment underscores the company's commitment to supporting India's offshore oil and gas exploration and production activities.

Previous Announcements

The recent deployment aligns with Seamec's earlier communication dated August 21, 2025, where the company had informed stakeholders about the impending deployment of SEAMEC II for the ONGC contract.

Management Statement

S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary of Seamec Limited, confirmed the vessel's deployment in the official filing. The company expressed its dedication to keeping shareholders informed about significant operational updates.

This latest development reflects Seamec Limited's ongoing engagement in the offshore services sector and its continued collaboration with ONGC, a major player in India's oil and gas industry. The successful deployment of SEAMEC II is expected to contribute to the company's operational performance in the coming periods.