Bazaar Watch


Monday, June 11, 2007

Bharati Shipyard - Press Release

Bharati Shipyard Ltd has informed BSE that Norwegian offshore shipping I Ltd of Norway has ordered 2 Nos. 150 tonnes bollard pull Anchor handling, tug and supply vessel with the Company. The Contract value of each vessel is US $ 32.5 million totaling to US $ 65.1 million (i.e. App. Rs 260 crores).

These orders are the largest order for the AHTSVs being placed in India by the European customers.

With the above orders, the Company's total order books stands at Rs 3,723.65 crores. It comprises of 41 vessels.

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