YEAR EVENTS 1986 - The Company was Incorporated as a private limited company in the name of Peerless Leasing Pvt. Ltd., on 29th December. The name was changed to Peerless Drive Pvt. Ltd. on 8th July 1987 as per the MOU entered into by the company for the setting up of a Indo-Norwegian joint venture with Rolv Berg Drive A/s Tromso, Norway. It became a public limited company and the name was changed to Peerless Shipping & Oilfield Services Ltd. on 25th August, 1994. - The Company is engaged in the Business of operation of multi support for underwater/subsea engineering services, deepsea diving, inspection of underwater structures, repairs and maintenance of offshore platforms fire fighting services and rescue operations. 1989 - The Company commenced operations with the acquisition of vessel Peerless Stena I (Ex Drive Ocean) from the company's initial Collaborator Rolu Berg Drive. It was initialy deployed with ONGC for carrying out subsea engineering operations in offshore oil fields. 1991 - Also with a view to diversify, the company bid for contract of Oil India Ltd., in Rajasthan and was awarded the Contract in January. For the said deep drilling contract, the company imported two second hand 2500 Gardner Denver make, land drilling rigs from Texas USA. - The Company entered into an agreement with Stena offshore BU Holland for maintenance and repair of SBM, repair of offshore structures, submarine pipeline repairs and undertaking inspection. 1993 - On 7th December, the company signed a contract with ONGC for contract for another vessel. MSV Samudra Sevak from 3rd August for a period of 2 years. Two MSV were purchased from Essar Shipping Ltd. viz. Peerless Stena II and Peerless Stena III. These are employed with ONGC. It also operates bulk carrier (MV Thaper Kahnadi) which it acquired in March from Ballarpur Industries Ltd. The company was promoted by Peerless General Finance and Investment Co., Ltd. - The Company undertook to purchase two multi purpose support vessels at a total cost of Rs.135.50 crores and this was met by equity issue of Rs.82.82 crores and foreign currency loan of Rs.52.68 crores. 1994 - 30 Pref. shares 249,00,000 No. of equity shares issued subscribed and paid-up. 85 lakhs equity shares of Rs.10 each at a prem. of Rs.30 per share were issued on January 1995. Of which 11,400 shares were reserved for allotment on a preferential basis to employees. Balance 84,88,600 shares were issued to the public. As on the same date 5,00,000 No. of equity shares of Rs.10 each were reserved for allotment in a firm basis at a prem. of Rs.40 per share to NRIs (all were taken up). 1995 - The name of the company was changed to Coflexip Stena Offshore (Mauntius) Ltd. 1996 -Peerless Shipping & Oilfields Services Ltd has started operating the land-drilling rig at the nominated site Baruanagar in the Sibsagar district of Assam 1997 -The bail prayer of the Managing Director of Peerless Shipping and Oil Fields Services Limited Gautam Sen held for FERA violation was on Tuesday rejected by a Calcutta court. -Managing Director Gautam Sen was arrested on July 28 by the Enforcement Directorate for contravening Section 8(1) of Foreign Exchange Regulation Act (FERA) of 1973 1998 - board accepted the resignation of Mr Datta top sources said. 2000 -The Board has approved the change in name of the company to South East Asia Marine Enginering & Construction Ltd. -Board proposes to appoint Arthur Andersen & Associates as auditors in place of Lodha & Co which has resigned according to the notice for an EGM to be held on April 28. -The mumbai office has been shifted to 401-404 4th floor. The Eagle's Flight Suren Road Off Andheri Kurla Road Andheri (E) Mumbai-400093. - AGM has approved the change in name of the company to South East Asia Marine Engineering & Construction Ltd (SEAMAC Ltd). 2002 -Kevin Paul Wood resigns from the Board of South East Asia Marine Eng & Const. -South East Asia Marines Vessel -- MSV Seamec III engaged on a long-term contract of 3 yrs by ONGC Ltd. through HAL Offshore Ltd for working in Bombay High Offshore2003 -Mr Kevin Paul Wood has resigned from the Board of Directors of the company with effect from August 09, 2002. -Mr Ivan Coyard and Mr Robin Nigel King have been appointed as Additional Directors of the company on October 30, 2002. -Appointed Mr. Georges Michel as an Additonal Director of the Company. The Board has also considered and extended the terms of appointment of Cmde. P. C. B. Nair, Indian Navy (Retd.) as Managing Direcotr of the Company for a period of one year commencing from January 01, 2004. 2003 -Mr Gautam Sen retires as Managing Director of the Company with effect from March 8, 2003. -- P C B Nair, Indian Navy (Retd) appointed as the Managing Director of the Company -Board accepted the resignation of Mr. Robin King as the Director of the Company. Appoints Mr. Georges Michel as an Additonal Director of the Company. The Board has also considered and extended the terms of appointment of Cmde. P. C. B. Nair, Indian Navy (Retd.) as Managing Direcotr of the Company for a period of one year commencing from January 01, 2004 2004 -South East Asia Marine Engineering & Construction Limited has informed that one of the Company's vessel, SEAMEC ll has been awarded a contract on Nomination basis dated February 12, 2004 with Oil & Natural Gas Corporation Ltd. for charter hire effective from December 27, 2003 till September 30, 2004. 2006 -South East Asia enters into an agreement with Offshore Technology Solutions 2007 -Company name has been changed from South East Asia Marine Engineering & Construction Ltd to Seamec Ltd. 2009 - Seamec Ltd has appointed Mr. Shardul Thacker as the Chairman of the Board in place of Mr. Carl Holmen. --Registered Office of the Company has been shifted From 401-404 The Eagle's Flight, Suren Road, Off. Andheri Kurla Road, Andheri (E), Mumbai 400 093 To 7th Floor, The Eagle's Flight, Suren Road, Off. Andheri Kurla Road, Andheri (E), Mumbai 400093. -Once again Registered Office of the Company has been shifted From7th Floor, The Eagle's Flight, Suren Road, Off. Andheri Kurla Road, Andheri (E), Mumbai 400 093 to A 901-905, 9th Floor, 215 Atrium, Andheri Kurla Road Andheri (East) Mumbai - 400 069. 2010 -Company has entered into the Management Agreement with Technip UK, London for managing the voyage of its vessels 'CSO APPACHE' from Pori in Finland to Dubai UAE. -SEAMEC III has entered into an agreement with M/s. RANA DIVING S.P.A. Italy for working in Offshore Spain, Mediterranean Sea. -Management Contract of vessel "CSO APACHE" has been extended -Company has entered into a Charter Party with M/s. International Grout Operations (P) Limited 2011 -Company has entered into a separate contract for long term charter of its vessel SEAMEC I with Dolphin Offshore Enterprises (India) Limited 2012 -Company has entered into a Bare Boat Charter for Vessel "ALLIANCE" with SEAMEC INTERNATIONAL FZE 2013 -Seamec Ltd has Contract for charter hire of vessel SEAMEC I with Dolphin Offshore Enterprises (India Ltd) . -Charter Hire of the Vessel - SEAMEC PRINCESS with Technip Abu Dhabi was concluded. -Company has entered into a Contract for the Charter hire of Vessel "ALLIANCE" with Sea Horse General Contracting Establishment. 2014 -"Deployment of Vessel SEAMEC III". 2015 -Seamec Ltd. Extension of Contract of "SEAMEC PRINCESS" -The Company owns and operates 4 nos of Multi-Support Vessels for the provision of diving services -The Company has also set up a Wholly Owned Subsidiary (WOS) in the name and style of "SEAMEC INTERNATIONAL FZE" in Dubai Airport Free zone, Dubai 2016 -SEAMEC Limited contract with Swiber Offshore Constructions Pte Ltd. -The Company has secured a contract worth USD 27.6 million for three years from Oil and Natural Gas Corporation (ONGC). -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 Company has entered into a contract for the charter hire of vessel ‘SEAMEC PRINCESS’ with Synergy Subsea Engineering LLC, for undertaking job in Persian Gulf. 2018 -Seamec Limited has informed the Exchange regarding 'Acquisition of Vessel by SEAMEC INTERNATIONAL FZE, Wholly Owned Subsidiary'. 2021 -'Purchase of Vessel and Deployment on Bareboat Charter Subtech Paladin '. -'Purchase of Diving Support Vessel - Subtech Paladin'.