Business Update16 Sept 2026, 01:25 pm
Seamec Ltd: ONGC Vessel 'Samudra Sevak' Resumes Contract
AI Summary
Seamec Ltd has announced the resumption of its contract for ONGC's vessel 'Samudra Sevak' with ONGC. The vessel has completed its regulatory compliances and is back on hire effective September 16, 2026, at 10:20 hrs. This follows a previous intimation regarding the vessel's dry-docking. The company, a part of the MMG Group, confirmed the on-hire status, indicating a return to operational revenue generation for this asset.
Key Highlights
- ONGC's vessel 'Samudra Sevak' managed by Seamec is back on hire.
- Resumption of contract effective September 16, 2026, post-regulatory compliance.
- Indicates operational continuity and revenue generation for Seamec.
- Follows previous notification regarding vessel's dry-docking status.
Price Impact
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