Seamec
835.75
-1.40(-0.17%)
Market Cap₹2,128.50 Cr
PE Ratio25.85
Company Performance:
1D-0.17%
1M-13.20%
6M-25.73%
1Y-30.69%
5Y+100.47%
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Latest news about Seamec
SEAMEC's Joint Venture Acquires Vessel for $7.88 Million 6 days ago
SEARETE, a joint venture of SEAMEC, has purchased the vessel 'Chennai Valarchi' for $7.88 million. The company plans to deploy the vessel on a 42-month bareboat charter, indicating a strategy for long-term revenue generation. This acquisition expands SEAMEC's fleet capacity, potentially enhancing its operational flexibility and market position in the maritime services sector.
Seamec Secures $2.16 Million Charter Contract for Vessel Seamec III Jun 09, 2025
SEAMEC Secures $2.16 Million Charter Agreement for Vessel SEAMEC III Jun 06, 2025
SEAMEC Secures Board Approval for $70 Million Vessel Acquisition Jun 03, 2025
SEAMEC Reports Q4 Financial Results: Mixed Performance with EBITDA Decline and Margin Improvement May 27, 2025
More news about Seamec
22May 25
SEAMEC Subsidiary Forms Joint Venture for Vessel Operations in GIFT City
SEAMEC Limited's subsidiary, SEAMEC International FZE, has formed a joint venture named 'SEARETE INDIA IFSC PVT LTD' with ARETE Shipping DMCC, UAE. The new entity, incorporated in GIFT City, India, will focus on buying, leasing, and selling vessels. SEAMEC International FZE has invested ₹1.81 crore for a 50% stake in the venture, marking a strategic expansion into the maritime sector beyond its core offshore oilfield services.
01Apr 25
SEAMEC Extends Charter Hire of Vessel SEAMEC III for 10 Days, Valued at $420,000
SEAMEC Limited has extended the charter hire of its vessel SEAMEC III for 10 days, valued at $420,000.00. The extension is with M/s. Asian Energy Services Limited and is effective from April 1, 2025, with an option for further extension. This development indicates continued demand for SEAMEC's marine services and potential for additional revenue.
24Mar 25
SEAMEC Secures Major Offshore Projects: Consortium Awarded LOA by L&T and $5.61 Million Subcontract Agreement with POSH India
SEAMEC Limited has won two significant offshore contracts. First, in consortium with POSH India Offshore, it received a Letter of Award from L&T for ONGC's Daman Upside Development and Pipeline Replacement projects. Second, SEAMEC signed a $5.61 million subcontract with POSH India Offshore for installation works on the same ONGC projects. Both contracts are set to complete by May 2026, boosting SEAMEC's order book substantially.
28Feb 25
SEAMEC's Vessel 'Swordfish' Pivots to New Role, Secures $1.1 Million Contract
SEAMEC Limited has redeployed its vessel, SEAMEC Swordfish, as an Anchor Deployment Support Vessel (ADSV) under a new contract worth $1.1 million. The contract runs from February 2-28, 2025, with a daily charter rate of $40,000. This short-term arrangement precedes a previously announced 730-day charter set to begin between March 1-30, 2025.
Seamec
835.75
-1.40
(-0.17%)
1 Year Returns:-30.69%
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