Seamec is likely to get a boost from lower dry dock expenses, says CJ Rodricks, MD, Seamec in an interview with CNBC-TV18, adding that higher deployment will be an impetus to the company‘s growth.
Seamec has reported a standalone sales turnover of Rs 126.40 crore and a net profit of Rs 30.27 crore for the quarter ended December 2013.
CJ Rodricks, managing director of the company said that the day rates are not picking up much and the company trying to enhance them and focus on utilisation.
In an interview with CNBC-TV18, Captain CJ Rodricks, managing director of Seamec said, the day rates are not picking up much. “There is a slight improvement in the market. We see a lot more enquires come in our way. But the day rates are not picking up,” he added.