Seamec Ltd has incorporated a joint venture named SEARETE INDIA IFSC PRIVATE LIMITED with Arete Shipping DMCC in GIFT City, India, primarily for buying, leasing, and selling vessels, as confirmed by a provisional registration letter received on May 22, 2025. Seamec International FZE holds a 50% stake, issuing 18,15,000 equity shares totaling INR 1,81,50,000.