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ABG Shipyard bags Rs585 cr order

ABG Shipyard bags Rs585 cr order
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First Published: Fri, Jun 27 2008. 11 15 AM IST
Updated: Fri, Jun 27 2008. 11 15 AM IST
PTI
Mumbai: Leading private sector shipbuilder ABG Shipyard has bagged Rs585 crore order from Singapore-based Toisa Ltd for construction of three sub-sea multi purpose vessels.
With the above order, the total order book of the company stands at around Rs10,427 crore.
Toisa currently operates a modern fleet of 23 vessels. Besides, the Singapore-based firm has a further 12 offshore support vessels under construction which will enter its fleet in the near future.
Sealion Shipping and Toisa are engaged in specialised E&P support vessels, consultancy and technical support to the specialised marine industry.
ABG Shipyard was trading at Rs382.50, up 2.19% on the BSE in morning trade.
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First Published: Fri, Jun 27 2008. 11 15 AM IST