AGB receives $10.55mln order from Lamnalco

By Staff
|
Google Oneindia News

New Delhi, Jun 19 (UNI) ABG Shipyard Ltd today said it has received a 10.55 million dollar order from Cyprus-based Lamnalco Ltd, for the construction of an Anchor Handling tug-80Ton Bollard Pull, for Offshore applications.

The order is to be executed by April 17, 2006 a company statement said.

This is the 11th Ship order from Lamnalco Ltd to the company.

the aggregate of the order in hand with the company will now amount to about Rs 2,350 crore.

It has already delivered five vessels and an equal number are under construction.

This being an export order is entitled for subsidy as per the prevailing ship building subsidy scheme of the government.

UNI CS RA HT1545

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