ABG Shipyard Hauls in Repeat Order for 2 Vessels from Lamnalco

ABG Shipyard Ltd has informed BSE that Lamnalco Ltd, Cyprus has placed repeat order for 2 vessels amounting to USD 34.20 million. The vessels will be a 53 M LOA 80T B P Azimuthing Production Support Vessel. The vessel is designed to be used for tow / move derrick / lay barge / rigs, tanker handling and berthing with push / pull capability, anchor handling duties, move equipments and materials between barge and shore, external fire fighting, maintenance and pollution control, etc.

The Company has till date constructed and delivered 7 vessels to Lamnalco and further 5 vessels are under construction.

Maridive and Oil Services S.A.E. Egypt has placed repeat order for additional 2 vessels amounting to USD 46 million. The vessels will be a 72M LOA 13OT B P Anchor Handling Tug / Supply Vessels. The twin screw vessel is for operation in unrestricted waters and is designed for multi purpose roles such as anchor handling, towing, transport pipes, fresh water, diesel oil, bulk cement, stores, materials and equipments, move men and materials between platforms and shore, evacuate casualties, external fire fighting and anti pollution control etc.

The first Order was bagged in 2003 for construction of 1 no. Pipelay Barge. And thereafter 6 repeat orders were received for AHTS and Diving Support Vessel.

The Company till date have successfully delivered 3 vessels to M/s. Maridive & Oil Services S.A.E., Egypt and 4 vessels are under advance stage of construction.

Precious Shipping Public Company Ltd THAILAND (PSL) and ESLL, Cyprus has also placed Order for Construction of 5 Nos 54,000 DWT Bulk Carrier at a Contracted Price of USD 184.48 million. The total 54,000 DWT vessels under construction now stands to 12 numbers.

PSL has been recently declared as a Number 1 Shipping Company in the entire World across all sectors of shipping by a leading gloabat shipping publication which is in circulation world wide i.e. Marine Money, New York.

The Company is already constructing 12 Bulk Carriers for PSL.

The Company built ships have earned an envious position in the world market known for their high quality and reliability.