SEAMEC hits 52-week high on securing new contract
The company has entered into a Charter Party with Technip France, Abu Dhabi for her deployment in Dubai Offshore for a Firm period of 120 days with option for extension.
SEAMEC Limited has soared 11% to Rs 112 after the company said that Vessel SEAMEC PRINCESS will complete her Charter with Kreuz Subsea Pte in South East Asia around 2nd week of April, 2014.
The company said it has entered into a Charter Party with Technip France, Abu Dhabi for her deployment in Dubai Offshore for a Firm period of 120 days with option for extension.
The Charter Hire is likely to commence around end April, 2014. The contract value during the firm period would be around $6.8 million, the company said.
The stock opened at Rs 104 and hit a 52-week high of Rs 116 on the BSE. A combined 983,000 shares changed hands on the counter till late noon deals on the BSE and NSE.
The company said it has entered into a Charter Party with Technip France, Abu Dhabi for her deployment in Dubai Offshore for a Firm period of 120 days with option for extension.
The Charter Hire is likely to commence around end April, 2014. The contract value during the firm period would be around $6.8 million, the company said.
The stock opened at Rs 104 and hit a 52-week high of Rs 116 on the BSE. A combined 983,000 shares changed hands on the counter till late noon deals on the BSE and NSE.