Seamec extends the contract for deployment of vessel SEAMEC III with Kreuz Subsea

Seamec has extended the contract for deployment of vessel SEAMEC III with Kreuz Subsea until March 31, 2012 with further option for extension. The company had entered the contract with effect from May 19, 2011 for a firm period of 90 days. The total contract value until March 31, 2012 would be $9.3 million approx.

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.