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Trades about 63% below its sector, cheaper than its peers on earnings.
Seamec Limited, headquartered in Mumbai, India, is a global provider specializing in marine and oilfield support services. The company offers a comprehensive range of maritime operations, including vessel and marine management, crucial dive support, firefighting capabilities, and intricate subsea construction projects. Additionally, it provides ROV (Remotely Operated Vehicle) support, pipelaying, rescue operations, logistical solutions, and specialized mooring, de-mooring, and salvage services. Beyond these specialized functions, Seamec also operates a fleet of bulk carrier vessels, delivering essential bulk cargo transport solutions. Founded in 1986, the enterprise was originally known as South East Asia Marine Engineering & Construction Limited before adopting its current name, Seamec Limited, in June 2007. It currently operates as a subsidiary of HAL Offshore Limited.
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