Business Update15 Jul 2026, 09:13 am
Seamec Paladin Vessel On Hire with ONGC
AI Summary
Seamec Ltd has announced that its vessel, "SEAMEC PALADIN", has been successfully on-hired with effect from July 15, 2026. This marks the resumption of its long-term charter with Oil and Natural Gas Corporation (ONGC) after completing regulatory formalities. The vessel's on-hire commenced at 06:10 hrs on July 15, 2026. This development is a positive operational update for the company, indicating continued business activity and revenue generation from its charter agreements.
Key Highlights
- Vessel "SEAMEC PALADIN" is now on hire.
- Charter agreement is with ONGC.
- Resumption of long-term charter.
- Operational update confirms business continuity.
Price Impact
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