Support and Resistance Levels
Past performance
About Duke Offshore Ltd Duke Offshore, established in December 1985 and converted to a public limited company in 1994, operates in the maritime services sector, primarily providing vessels for crew transfer and marine surveys. Originally focused on diving and underwater engineering for offshore oil industries, the company expanded into offshore oil field installations and the construction of small offshore structures. Operating from Tarapur, Maharashtra, Duke Offshore has formed a strategic partnership with Merpro Process Technology, UK, to market and manufacture products in India and internationally.
In 1995-96, Duke Offshore initiated a significant expansion to reduce operational costs by acquiring its equipment, funded in part by a public issue. Its clientele includes notable entities such as ONGC, BPCL, and Hyundai Corporation. Further expanding its fleet, the company acquired three marine vessels in 2011-12 and a crew/patrol vessel from Singapore in 2016-17, indicating a focus on enhancing its operational capabilities in maritime logistics and services.