SEAMECLTDBSESeamec LtdMediumNegative
Announced Fri, 22 May · 09:51 IST

Intimation on Deployment Status of Barge "SEAMEC GLORIOUS"

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SEAMECLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹1593.00
prior close
₹1621.40
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-0.1-0.3-1.0-1.2+2.2+0.7+2.8+0.1+1.7+1.6+0.5-14.2-13.9
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AI summary

Seamec Ltd has disclosed that its Barge "SEAMEC GLORIOUS" has been off-hired effective May 22, 2026 at 00:00 hrs. The barge completed its charter contract with M/s. Larsen & Toubro Limited. This is a routine operational update informing that a vessel contract has ended. No new deployment information has been provided in this filing.

Likely market impact

The charter with L&T has concluded, meaning the barge is no longer earning revenue under that contract. The company will need to secure a new contract for redeployment, which may impact near-term revenue from this vessel.