Seamec has entered into Charter Party Agreement with HAL Offshore on February 28, 2023 for charter hire of the Vessel ‘Seamec Paladin’ for ONGC contract for a period of 5 years at a charter rate of $35,000 per day, for marine activities.
The Vessel has completed the modification and arrived in India and is getting ready for mobilization for ONGC contract. The total contract value for 5 years will be around $64 million, exclusive of GST.
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.