Stocks

Company news: Seamec International FZE

| Updated on August 07, 2019 Published on August 07, 2019

Seamec International FZE, a wholly-owned subsidiary of Seamec, has purchased a bulk carrier - ‘Ocean Favour’, on Tuesday in Hong Kong. The bulk carrier is registered under the Panama flag. Immediately on its acquisition, the bulk carrier has been deployed on a long-term bareboat charter for a period of four years with United Marine Inc, Liberia, the company informed the exchanges. Shares of Seamec slipped 2.62 per cent at ₹365.65 on the BSE.

Published on August 07, 2019
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