Business Update6 Jun 2025, 06:53 pm
Seamec Ltd Enters Bimco Charter Party with Mubarak Bridge Maritime FZCO for Charter Hire of Vessel SEAMEC III
AI Summary
Seamec Ltd has entered into a Bimco Charter Party with Mubarak Bridge Maritime FZCO for the charter hire of their vessel SEAMEC III. The firm period of the charter is for 20 days with an option for extension at a rate of USD 70,000/ day. The charter commenced on 5th June 2025. The total value of the contract, including mobilization and de-mobilization, is estimated to be USD 2.16 million, exclusive of GST.
Key Highlights
- Seamec Ltd has entered into a Bimco Charter Party with Mubarak Bridge Maritime FZCO
- The charter is for the vessel SEAMEC III
- The firm period of the charter is for 20 days with an option for extension
- The charter commenced on 5th June 2025
- The total value of the contract is estimated to be USD 2.16 million, exclusive of GST