ABG Shipyard secures order from Vroon BV, The Netherlands

ABG Shipyard Ltd has announced that the Company has secured yet another repeat order for construction of 1 unit 78M LOA Diving Support Vessel at a price of Euro 16,540,000 from Vroon Offshore B.V., The Netherlands.

Further, the Company is already building two vessels for Vroon Offshore B.V.

Vroon B.V. is a dynamic and ambitious international shipping Company, active in a number of specialized and commodity type shipping segments. Vroon operates and manages a diverse fleet of about 80 vessels.

General information of the project is under:

1. Order for — Construction of 1 unit 78M LOA Diving Support Vessel
2. Value of the Vessel — Euro 16,540,000 for the option
3. Length of the Vessel — 78 Meter

With the above order in terms of INR approximately Rs 100 Crores for one confirmed vessel, the aggregate of the orders in hand with the Company will amount to about Rs 24,000 million.

Source : Equity Bulls

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