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Seamec’s arm incorporates joint venture company in GIFT City

23 May 2025 Evaluate

Seamec’s wholly owned subsidiary (WOS) -- Seamec International FZE (SIFZE) has incorporated a Joint Venture Company (JV) in the name of ‘Searete India IFSC (SEARETE), with Arete Shipping DMCC, UAE, in GIFT City, India. 

SEARETE is incorporated primarily, with the object of Buying, Leasing and Sale of the Vessel(s) and undertaking ship owning and leasing activities by way of Bareboat charter hire to the customers incorporated in GIFT City. The provisional letter of registration from the International Financial Service Centre Authority (IFSCA)/ Unit Approval Committee has been received on May 22, 2025.

SEAMEC is the region’s leading provider of Diving Support Vessel (DSV) based diving services.


Seamec Share Price

1514.00 -43.75 (-2.81%)
21-Apr-2026 15:41 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 300.90
GE Shipping 1446.35
Dredging Corp 988.15
Seamec 1514.00
Shreeji Ship.Global 373.20
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