Seamec enters into contract worth $6.8 million with Technip France, Abu Dhabi

05 Apr 2014 Evaluate

Seamec has entered into a charter party with Technip France, Abu Dhabi for deployment of ‘Seamec Princess’ in Dubai offshore for a firm period of 120 days with option for extension. The charter hire is likely to commence around end April, 2014. The contract value during the firm period would be around $6.8 million.

The vessel ‘Seamec Princess’ will complete her charter with Kreuz Subsea in South East Asia around 2nd week of April, 2014.

Seamec is engaged in the business of operating multi-support vessels for diving and for providing underwater/sub-sea engineering services, deep sea diving, and inspection of underwater structures, repairs and maintenance of offshore platform fire-fighting services and rescue operations.

Seamec Share Price

1070.05 18.95 (1.80%)
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Peers
Company Name CMP
Shipping Corpn. 208.75
GE Shipping 1000.15
Dredging Corp 676.50
Shreyas Shipping 252.05
Seamec 1070.05
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