Seamec Ltd has informed BSE that the Company has entered into a Charter Party Agreement with National Petroleum Construction Company for the Charter hire of Vessel 'HAL SUPPORTER' for undertaking a job in West Coast of India.
The tenure of the contract is for a firm period of 45 days with option for extension. The contract will likely to continue till end January, 2017.
For the said contract, the Company has taken vessel 'HAL SUPPORTER' from HAL on Charter basis.
The value of Charter during firm period is USD 171,000.
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