Great Off-shore bags $ 15 mn order per annum
Great off-shore has bagged an order for its heavy lift vessel in a Mediterranean company for USD 15 million per annum, an official source said here today.
By PTI |
MUMBAI: Great off-shore has bagged an order for its heavy lift vessel in a Mediterranean company for USD 15 million per annum, an official source said here today.
The order comes with an option of extending for another year, the source said.
A heavy-lift vessel supports off-shore instillation for day-to-day operations and maintenance.
Great off-shore bought the vessel for 10 million dollars in January this year and spent two million dollars for refurbishment.
Analyst said the payback time is two years. However, company officials were not available for comment.
The order comes with an option of extending for another year, the source said.
A heavy-lift vessel supports off-shore instillation for day-to-day operations and maintenance.
Great off-shore bought the vessel for 10 million dollars in January this year and spent two million dollars for refurbishment.
Analyst said the payback time is two years. However, company officials were not available for comment.
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