Business Update12 May 2026, 12:41 pm
Seamec Princess Chartered to Lamprell Energy for USD 2.12M
AI Summary
Seamec Ltd has entered a charter party agreement with Lamprell Energy Limited, Dubai, for its vessel 'SEAMEC PRINCESS'. The vessel will be used for offshore activities of Oil and Natural Gas Corporation in the West Coast Oilfield of India, including the Daman Field. The charter is for a firm period of 15 days, with an option for extension. The total value of the charter for the firm period is approximately USD 2.12 million, excluding GST.
Key Highlights
- Seamec's vessel 'SEAMEC PRINCESS' chartered to Lamprell Energy.
- Charter is for offshore activities of ONGC in India's West Coast Oilfield.
- The firm charter period is 15 days with extension options.
- Charter value is approximately USD 2.12 million, excluding GST.