Deals1 April 2026 at 07:43 am
Seamec Ltd Enters Addendum 2 with POSH INDIA OFFSHORE PRIVATE LIMITED for Charter Hire of Vessel SEAMEC PRINCESS
AI Summary
Seamec Ltd has entered into an Addendum 02 to the Subcontract Agreement dated 20th March 2025 with M/s. Posh India Offshore Private Limited for Charter Hire of the Vessel SEAMEC PRINCESS. The charter hire rate of the vessel is USD 37,000 per day exclusive of GST. This agreement is for the installation of concrete mattresses in Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP) of Oil and Natural Gas Corporation Limited (ONGC).
Key Highlights
- Seamec Ltd has entered into Addendum 02 with POSH INDIA OFFSHORE PRIVATE LIMITED
- The charter hire rate of the vessel SEAMEC PRINCESS is USD 37,000 per day exclusive of GST
- The agreement is for the installation of concrete mattresses in PRP-VIII Gr. B and DUDP of ONGC
- The agreement is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The event occurred on April 01, 2026 at 12:26 hours
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