Advertisement

HindustanTimes Fri,18 Apr 2014

L&T bags $95 mn shipbuilding contract

IANS  Mumbai, June 21, 2007
First Published: 18:26 IST(21/6/2007) | Last Updated: 18:38 IST(21/6/2007)

Construction and engineering firm Larsen & Toubro Ltd (L&T) on Thursday bagged a $94.95 million shipbuilding contract from BigLift Shipping of the Netherlands.

Advertisement

L&T said that it would construct two ships for the Dutch company at the shipyard in its engineering complex at Hazira in Gujarat.

L&T, which had forayed into shipbuilding last year, currently builds ships with a displacement of up to 20,000 dead-weight MT (DWMT) and also plans to construct a shipbuilding yard for bigger vessels, the company said on Thursday.

Advertisement
more from Business

Glenmark pulls 2,900 bottles of ulcer drug in US

India's Glenmark Pharmaceuticals Ltd is recalling some  2,900 bottles of its stomach ulcer drug ranitidine in the United States after a foreign tablet was found in one of the bottles.

markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved