It is reported that Hindustan Shipyard Limited has completed construction of a 53,000 DWT vessel for the Chennai based Good Earth Maritime Limited.

It is learnt that the vessel good pride will be floated later this month. HSL is building 6 such vessels for the Chennai company and Good Pride is the first of the series.

The contract for the vessels was awarded in 2005, which is estimated to cost USD 20.10 million. All the vessels will have to be delivered by 2011. Good Pride will carry bulk cargoes like coal, ore, cement, alumina, bauxite, mineral sand, steel coils and packaged timber. Designed for a speed of 14 knots, it has 5 cargo holds and is fitted with four deck cranes.

(Sourced from Exim News Service)