GE Shipping subsidiary Greatship India Ltd orders 2 AHTSVs

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that Greatship (India) Ltd (GIL) a wholly owned subsidiary of the Company has signed a contract for 2 nos new building Anchor Handling Tug cum Supply Vessels (AHTSVs).

The 80 T - AHTSVs ordered with Colombo Dockyard Ltd., are scheduled to be delivered during Q3 and Q4 of FY 2007-08.

This brings the total order book of GIL to 5 OSVs - 4 new building (2 PSVs and 2 AHTSVs) and 1 second hand PSV aggregating around USD 103 Mn

Source : Equity Bulls

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