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Article: INDIA'S ABG SHIPYARD BAGS US$62 MLN ORDER FROM FINLAND'S ESL.
- Article from:
- AsiaPulse News
- Article date:
- January 17, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUMBAI, Jan 17 Asia Pulse - ABG Shipyard Ltd has bagged an order worth Rs 2.75 billion (US$62.2 million) from Finland-based ESL Shipping OY for constructing and supplying bulk carriers to them.
The secured export order entails the construction of two 18,800 DWT (Dead Weight Tonnes) geared bulk carriers costing US$30.80 million each, totalling US$61.60 million, ABG Shipyard informed the Bombay Stock Exchange.
The two vessels which have a delivery period of 28 months and 37 months respectively from the date ...