Seamec subsidiary acquires vessel ‘Chennai Valarchi' for USD 7.875 million
By Aman Shukla Published on June 17, 2025, 14:06 IST
Seamec Ltd has announced that its wholly owned subsidiary, Seamec International FZE, through its joint venture company SEARETE INDIA IFSC PRIVATE LIMITED, has completed the acquisition of the vessel 'CHENNAI VALARCHI' from The India Cements Limited. The purchase was finalized on Monday, June 16, 2025, at a transaction value of USD 7.875 million.
Following the acquisition, the vessel has been placed on a bareboat charter with FORESEE SHIPPING IFSC PRIVATE LIMITED, based in GIFT City, Gujarat. The charter agreement spans a period of 42 months with a daily hire rate of USD 7,156. Over the full term of the charter, this equates to an estimated total charter hire of approximately USD 9.15 million.
The company received formal communication regarding the completion of the transaction on June 17, 2025, at 11:39 AM.
This development marks another strategic step in Seamec's ongoing maritime operations and asset utilization.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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Statistical Insights and Trends Reporting 5.1 Number of Tangential Flow Filtration Systems Installed (2023) 5.2 Number of Tangential Flow Filtration Systems Installed (2023) 5.3 Growth in Bioprocessing Applications for TFF (2020-2032). 5.4 Cost Analysis of Tangential Flow Filtration Systems (2023) 5.5 Technological Advancements in Membrane Filtration (2023-2032) 6. Competitive Landscape 7. Tangential Flow Filtration Market by Product 8. Tangential Flow Filtration Market by Application 9. Tangential Flow Filtration Market by End Use 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion Buy a Single-User PDF of Tangential Flow Filtration Market Analysis & Outlook Report 2024-2032@ About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK) Email: info@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
