ABG Shipyard bags orders worth Rs.5.85 bn

June 27th, 2008 - 7:04 pm ICT by IANS  

Mumbai, June 27 (IANS) Leading shipbuilder ABG Shipyard has bagged orders worth $136.65 million (Rs.5.85 billion) from the Singapore-based Toisa Ltd for the construction of three sub-sea multi-purpose vessels. With this, the total orders for the company stand at around $2.436 billion (Rs.104 billion).

Toisa currently operates a fleet of 23 vessels, and has another 12 offshore support vessels under construction.

The Singaporean company is engaged in exploration and production support vessels operation, consultancy and technical support to the marine industry.

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