Date:29/03/2007 URL: http://www.thehindubusinessline.com/2007/03/29/stories/2007032900620700.htm

Back ABG Shipyard bags Rs 60-cr order from Cyprus

Our Bureau

Mumbai March 28 ABG Shipyard has received an order for construction of one APS 100-tonne tug at a price of $13.50 million (Rs 60 crore) from Lamnalco Ltd, Cyprus. The vessel will be delivered to Lamnalco by May 2009.

As of date ABG Shipyard has delivered six vessels and another five vessels (besides the present order) are under construction for Lamnalco Ltd. The company's present order book position stands at about Rs 3,455 crore.

ABG Shipyard, the largest private sector shipyard in India, builds a wide variety of ships, ranging from bulk carriers, deck barges and interceptor boats to anchor handling supply ships, driving support ships, tugs and offshore vessels.