Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Zadeko Ship Management Cv News

26 Mar 2008

L&T Wins Contract

Larsen and Toubro Ltd (L&T) has won a contract valued at about $240m to build four specialized ships for Dutch company RollDock BV. Indian companies are currently building about 245 ships worth more than Rs20,000 crore. Of this, about 70% are for overseas clients, who are placing orders at Indian yards as shipbuilding facilities in maritime strongholds such as , and are fully booked till 2011. Each ship will cost about $60m to build. These will be built at L&T’s shipyard at Hazira in and would take the firm’s order book to 12 ships. The Mumbai-based company launched its shipbuilding venture in May 2006 with an order for building four ships valued at Rs440 crore from Rotterdam-based Zadeko Ship Management CV (now known as ).

19 Feb 2008

L&T in Talks for Shipbuilding Contract

India’s biggest engineering and construction firm, Larsen and Toubro Ltd, is in talks with a Dutch shipowner for a new building contract valued at more than $100 million according to the Wall Street Journal. New orders: Larsen and Toubro’s employees shift a 20-tonne ship part in the company’s shipbuilding yard in Hajira. L&T is negotiating with a Dutch shipowner for a new shipbuilding order. L&T is currently building eight ships valued at about Rs1,150 crore. These comprise six for RollDock and two from BigLift Shipping BV, also of the Netherlands. L&T launched its shipbuilding venture in May 2006 with an order for building four ships valued at Rs440 crore from the Rotterdam-based shipping firm Zadeko Ship Management CV (now known as RollDock BV).

04 May 2006

L&T to Invest $111m in Shipyard

According to reports, Larsen & Tubro (L&T) Ltd, India's largest construction and engineering firm, aims to invest more than $111 million to build a second shipyard and grab a share of the global demand for . The second shipyard project is part of this strategy as it sees a growing demand for specialized vessels. L&T said on Tuesday it had won an order worth $98 million to build four semi-submersible container cargo vessels for Zadeko Ship Management CV of the Netherlands. It was the maiden order for L&T's first shipyard, work for which had started at Hazira in the western state of Gujarat about 18 months ago. Source: SiliconIndia