Mumbai: ABG Shipyard (pictured) has signed a Rs 618 crore ($144m) contract for construction of four 54,000dwt 'Supramax' bulk carriers vessels for Cyprus based Essar Shipping & Logistics (ESL). The vessels, ordered as a part of ESL's ship acquisition programme, are scheduled for delivery by March 2011. As a result of this latest contract, ABG Shipyard's order books stand at approximately Rs 4073 crore ($951m). [10/04/07]
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