Seamec has entered into a Bimco Charter Party agreement with Larsen & Toubro for the charter hire of its barge, ‘SEAMEC GLORIOUS.’
The vessel will be deployed for offshore accommodation and hook-up work in Mumbai High and the West Coast offshore regions. The contract supports projects for Oil and Natural Gas Corporation (ONGC). The firm charter period is set for 150 days, with an option to extend, and is scheduled to commence within the window of 01 October, 2025 to 30 October, 2025.
The total contract value amounting to Rs. 28.85 crore reflects a significant offshore project engagement.