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ABG Shipyard to diversify into sub-sea vessels

Mumbai: ABG Shipyard has announced that it is to add sub-sea vessel construction to its portfolio of offshore offerings. The shipyard, which is said to currently be conducting talks with a Middle East company for strategic technology tie-up, has revealed that it is also looking to secure contracts for the underwater exploration and production vessels. Sources expect the deal to be finalised early next month.  [24/04/08]

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