SEAMECLTDNSESeamec Limited· ShippingMediumPositive
Announced Sun, 31 May · 13:13 IST

Seamec Limited has informed the Exchange regarding 'Intimation on Deployment of Vessel "SAMUDRA PRABHA" - update of onhire'.

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SEAMECLTD · price

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Price reaction · full curve 14 horizons · vs prior close
+3.4%1-day move
₹1595.00
prior close
₹1639.90
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.5-0.1+1.4+3.4+1.5+2.5-0.9+0.2+0.1-14.3-11.1
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AI summary

Seamec Limited has informed exchanges that its vessel 'SAMUDRA PRABHA' has been successfully deployed (on hired) with ONGC (Oil and Natural Gas Corporation) on May 31, 2026. The vessel completed its DP (Dynamic Positioning) and FiFi (Fire Fighting) trials before commencing operations. This deployment follows an earlier intimation dated May 30, 2026. The vessel is now actively working in the offshore oil and gas sector under a contract with ONGC, India's largest state-owned oil and gas company.

Likely market impact

The successful deployment of 'SAMUDRA PRABHA' means the vessel will now start generating revenue for Seamec under the ONGC contract. This is a positive operational update as the vessel was previously idle undergoing trials.