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October 07, 2008


ABG Shipyard bags INR 1,439 crore order for 12 bulk carriers

ABG Shipyard Limited announced that it has bagged an USD 360 million (INR 1,439 crore) order for construction of 12 handy size bulk carriers of 35,000 DWT from Germany based Bereederungsgesellschaft H Vogemann GmbH of Hamburg, totaling aggregate order book stands at INR 7,121 crore.

Mr Rishi Agarwal MD of ABG Shipyard said that "This is a path breaking order and we at ABG are proud to have won it against stiff international competition."