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GIL to to buy four vessels
Press Trust of India
Mumbai, September 18, 2006
First Published: 19:20 IST(18/9/2006)
Last Updated: 19:20 IST(18/9/2006)
Great Eastern Shipping Company Ltd (GE Shipping) on Monday said its wholly owned subsidiary Greatship (India) Ltd will buy four anchor handling tug-cum-supply vessels (AHTSV) from Singapore-based Labroy Shipbuilding and Engineering Pte Ltd.

The four 80T AHTSV would join the company's fleet immediately on delivery from the yard during the first half of calender year 2009, GE Shipping informed the Bombay Stock Exchange.

This brings the current order book of GIL, including the secondhand acquisitions to 10 offshore supply vessel (OSVs) — eight new buildings (2 platform supply vessels and six AHTSVs) and two secondhand modern platform supply vessels.

Shares of the company closed at Rs. 291, up 0.48 per cent at the BSE.


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