Seamec Ltd Secures Charter Hire Contract Worth USD 4.6 Lakhs for ONGC Oilfield
Seamec Limited's vessel, SEAMEC PRINCESS, chartered to Supreme Offshore for ONGC operations. Contract valued at USD 460,000 (approx. ₹3.8 crore) for 4 days, commencing Feb 14, 2026, with extension option.
The contract value is relatively small and for a short duration, indicating a low overall impact on the company's financials.
The company has secured a new contract, which is positive for its business operations.
Seamec Limited has announced that its vessel, SEAMEC PRINCESS, has been chartered to Supreme Offshore Construction & Technical Services Limited for operations in the ONGC Oilfield, West Coast of India. The contract involves carrying out SAT Diving and AIR Diving jobs.
The firm period for this charter is approximately 4 days, with an option for extension based on mutually agreed terms. The charter commenced on Saturday, February 14, 2026, at 21:30 hrs.
The total value of the contract is estimated at USD 460,000, exclusive of GST. The arrangement is considered to be in the normal course of business and does not involve related parties or promoters. Seamec Limited has provided the necessary details as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What to do with a filing like this
Seamec Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Seamec Limited. Read the original for the full detail.