Home / Business and Economy / SEAMEC Agrees $43M Charter Deal with HAL Offshore
SEAMEC Agrees $43M Charter Deal with HAL Offshore
4 Dec, 2025
Summary
- SEAMEC Ltd secured a contract with HAL Offshore for vessel charter.
- The multi-support vessel will be deployed for five years.
- The four-year charter rate is set at $25,000 daily, totaling $43.07 million.
SEAMEC Ltd announced a new charter hire agreement with HAL Offshore Ltd concerning the multi-support vessel SEAMEC Agastya. This contract is for deployment under HAL Offshore's existing ONGC contract, ensuring continuous utilization of the vessel.
The financial terms of the agreement include a daily charter rate of $25,000 for the remaining four years of the charter period. This equates to a total charter value of approximately $43.07 million, inclusive of Goods and Services Tax (GST).
