ABG Shipyard Plans to Buy Ship Repair Units

Tuesday, February 07, 2006
In its bid to cater to the international ship repair demand, private sector shipyard ABG Shipyard is planning to acquire ship repair units in the key shipping routes’ network, including Singapore and China. ABG Shipyard has already acquired a ship repair unit at Fujairah, UAE, for an undiscosed amount. The company is planning to develop Fujairah as a ship repair hub in a phased manner. The company has recently acquired a Canadian shipbuilding equipment facility for $ 5.6 million. Meanwhile, Gujarat Maritime Board and According to shipping industry analysts, a vessel with 1,2000 DWT would cost $40 million to $50 million. At present, the company has an order book of Rs 1,700 crore. Earlier, ABG Shipyard won a contract of construction of two 18,000 DWT geared bulk carriers from Finland-based ESL Shipping OY worth $61.6 million and contract for constructing three anchor-handling tug vessels for offshore applications worth $29.7 million from Cyprus-based Lamnalco. Source: P R Sanjai
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Scorpio Tankers Receive 7 More Newbuildings

Scorpio Tankers Inc. say it has recently taken delivery of seven newbuilding vessels as follows: STI Madison and STI Park, LR2 product tankers, were delivered

LHA 6 'America' Maiden Voyage Completes at San Diego

The Navy informs that the soon to-be-commissioned amphibious assault ship 'USS America' (LHA 6) arrived at its homeport of San Diego after completing its two-month

Austal Delivers Fourth JHSV to the US Navy

The U.S. Navy accepted delivery of USNS Fall River (JHSV 4) from Austal USA yesterday, a week shy of six months from the date they took delivery of JHSV 3. This

Offshore

Viking Supply Ships Sell PSV 'SBS Cirrus'

Rederi AB TransAtlantic subsidiary Viking Supply Ships says it has sold the 1985 built platform supply vessel SBS Cirrus. The vessel has been delivered to its new owners,

SBM Offshore Announces Thunder Hawk Tiebacks

SBM Offshore is pleased to announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the

Fifth Jackup Contract for Keppel from Gulf Drilling

Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a contract from Gulf Drilling International Ltd. of Qatar to build a

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1599 sec (6 req/sec)