Garware Shipping bags time charter contract

Mumbai, Mar 2 (UNI) Garware Shipping Corporation has bagged a time charter contract of about Rs 24.5 crore per annum for mobilisation of PSV 'M V Kailash' by Transocean Offshore International Ventures between December this year and March next year.

The vessel will be deployed in India and the contract with Transocean Offshore is for a firm period of three years, Garware has informed the Bombay Stock Exchange (BSE).

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