SEAMEC bags USD 5.21M charter deal with Lamprell for ONGC offshore project

Export Order Hard CurrencyBusiness Updates View source PDF

SEAMECLTD · price

Loading chart…

▲ 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

+0.3%1-day move

₹1421.10

prior close

₹1445.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.3+2.4+2.8+2.4+0.3-3.4-3.9-3.7-3.4-2.0————

Up moveDown movePending

AI summary

SEAMEC Limited signed a 180-day charter party agreement with Lamprell Energy Limited to charter its Barge SEAMEC GLORIOUS for offshore work at Mumbai High and West Coast including Daman Oilfield, supporting an ONGC project. Contract value is USD 5.21 million inclusive of GST, starting between Oct 15-31, 2026, with extension option. Not a related party transaction.

Likely market impact

Secures revenue visibility for H2 FY27. Foreign currency earnings and ONGC-backed client reduce counterparty risk. Improves barge utilization.