SEAMEC has entered into a Charter Party with Kreuz Subsea for charter hire of vessel "SEAMEC PRINCESS" for working at inner anchorage in Mumbai High Offshore.

The tenure of the contract is for a firm period of 45 days with option for extension thereafter by mutual agreement. The Contract commenced on March 7, 2018. The value of Charter during firm period is USD 1,260,000.

Shares of the company declined Rs 7.35, or 4.06%, to trade at  Rs 173.65.  The total volume of shares traded  was  60 at the BSE (9.20 a.m., Friday).