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Seamec to acquire diving vessel ‘Subtech Paladin’

28 Jun 2021 Evaluate

Seamec is all set for acquisition of a diving vessel - 'Subtech Paladin’ from James Fisher Marine Services, London, United Kingdom, at a price of $17,300,000. The remittance is likely be made on June 28, 2021 in accordance with regulatory approvals and the whole transaction is likely to be completed on or before July 15, 2021. 

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.

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