Vessel SEAMEC II starts PRP-8A and DSF 2 project, considered onhired from 1st November 2026
Seamec Ltd has told the exchanges that its vessel SEAMEC II has begun work on the Part Replacement Pipeline (PRP-8A) and DSF 2 Project.
By ScoutQuest · · 1 min read
- Vessel
- SEAMEC II
- Project
- Part Replacement Pipeline (PRP-8A) and DSF 2 Project
- Onhire effective from
- 1st November 2026 at 00:01 hrs (IST)
What the company has said
Seamec Ltd has informed BSE and NSE that its vessel SEAMEC II has commenced its Part Replacement Pipeline (PRP-8A) and DSF 2 Project. The vessel is considered onhired with effect from 1st November 2026 at 00:01 hrs (IST).
The company said the intimation of the event was received on November 01, 2026 at 15:31 hours. The update follows its earlier letter dated 30th September 2026 on the same vessel.
Why the word "onhired" matters
- Onhire is the stage at which a vessel begins earning hire under its contract with the client.
- It signals that the vessel has moved from waiting or mobilisation into a working deployment on a named project.
- For an offshore vessel operator, the number of vessels on hire at any point is a basic measure of how much of the fleet is earning.
How to read this update
- The update is a deployment status update: it tells the reader that SEAMEC II is now working on the PRP-8A and DSF 2 Project and is treated as onhired from the stated date and time.
- It names the project and the vessel, and gives the exact effective date and time of onhire.
For a retail investor
- Companies in this business earn mainly from hiring out vessels and from related marine services, so each vessel moving onto hire is an operational milestone worth tracking.
- This is a routine operating announcement; read it alongside the company's other periodic disclosures for the fuller picture of fleet deployment.
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4 Nov 2026
Seamec Q2 FY27 investor presentation: consolidated revenue up 103% to Rs 198.1 crore, PAT Rs 50.5 crore
3 Nov 2026
Board approves consolidated Q2 results; auditor's review conclusion unmodified
3 Nov 2026
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