GE Shipping's subsidiary orders 2 supply vessels

Marine logistics services provider, Great Eastern Shipping Company Ltd on Monday said its wholly-owned subsidiary Greatship (India) Ltd (GIL) has signed a contract for building two new Anchor Handling Tug cum Supply Vessels (AHTSVs).

MUMBAI: Marine logistics services provider, Great Eastern Shipping Company Ltd on Monday said its wholly-owned subsidiary Greatship (India) Ltd (GIL) has signed a contract for building two new Anchor Handling Tug cum Supply Vessels (AHTSVs).
The 80 tonne - AHTSVs ordered with Colombo Dockyard Ltd, are scheduled to be delivered during the third and fourth quarter of financial year 2007-08, the company informed the Bombay Stock Exchange.
This would bring the total order book of GIL to five offshore supply vessels (OSVs) - four new building and one second hand platform supply vessel (PSV) aggregating around $103 million.
The shares of the company were trading at Rs 252.40, up 1.35 per cent on the BSE.
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