ABG Shipyard completes Rs 1,439 cr order of German firm

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New Delhi, Sep 27 (UNI) ABG Shipyard Ltd today said it has completed the order for construction of 12 handysize bulk carriers of 35,000 DWT each from a German firm worth Rs 1,439 crore.

With this order, company's aggregate order book now stands at Rs 7,121 crore, it said in a statement.

ABG and Germany's Vogemann GmBH&Co were in negotiations for some time through ship broking firm Olivier Felter.

''This is a path breaking order and we at ABG are proud to have won this contract against stiff international competition,'' company's Managing Director Rishi Agarwal said.

UNI

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