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Mumbai June 21 Larsen & Toubro Ltd (L&T) has bagged a contract for construction of two ships valued at over $94.95 million from BigLift Shipping BV of the Netherlands, a part of the Spliethoff Group.

The vessels will be built at the existing shipyard that is a part of the company's engineering complex at Hazira, Surat.

BigLift Shipping of the Netherlands specialises in worldwide transportation of heavy lifts and project cargo. Its management had expressed the desire to continue the company's association with L&T for future acquisition of a series of vessels, L&T said in a release on Thursday.

More Stories on : New Business | Shipping | Larsen & Toubro Ltd

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