Financial Daily from THE HINDU group of publications
Tuesday, Aug 24, 2004
Financial Daily from THE HINDU group of publications Tuesday, Aug 24, 2004 |
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Logistics
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Shipping Bharati Shipyard bags order from GE Shipping Our Bureau
Mumbai , Aug. 23 BHARATI Shipyard Ltd, a private sector shipyard, has received a repeat order for two 80-tonne anchor handling tug-cum-supply vessels (AHTSs) from the GE Shipping Company Ltd. According to an official statement, the first vessel is scheduled for delivery in the beginning of 2005. The vessels are designed for offshore duties, including anchor handling and supply to offshore installations. The vessels, which will be fitted with modern control systems, will be classed with the American Bureau of Shipping and the Indian Register of Shipping. GESCO had earlier placed orders for four AHTSs of 120-tonne and 80-tonne capacity, with Bharati Shipyard. The statement quoting Mr P.C. Kapoor, Managing Director, Bharati Shipyard, said: "The increased ship-building activity in the country will help save foreign exchange and at the same time give more employment to skilled personnel."
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