Seamec’s wholly owned subsidiary -- Seamec International FZE has incorporated a subsidiary in joint venture with Arete Shipping DMCC under the name and style ‘Seamate Shipping FZC’ in Ajman Freezone, U.A.E., the acknowledgement of the same has been communicated by UAE Authorities on September 17, 2020.
Seamate Shipping FZC is newly incorporated subsidiary of the Company in joint venture with Arete Shipping DMCC in the ratio of 60:40, respectively and is yet to commence business.
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.
