Garware offshore acquires contract for AHTS

Mumbai, Apr 21 (UNI) Garware Offshore Services has secured a three-year contract for its new Anchor Handling Tug cum Supply vessel (AHTS).

The contract would earn the Company an annual revenue of Rs 17.5 crore. The Vessel was scheduled for delivery in Singapore in June this year.

Garware Offshore Services Limited Vice Chairman and Managing Director Aditya Garware stated in a release, ''Our company presently owns and operates six vessels with five more vessels scheduled for delivery within the next 10 months.

''We also plans to buy two platform supply vessels, for approximately USD 27 million each, which is scheduled for delivery in June this year and January 9,'' he added.

UNI NV-VK GR SKB1618