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Landmark order for ambitious Larsen & Toubro

Landmark order for ambitious Larsen & Toubro

Mumbai: Construction and engineering firm Larsen & Toubro Ltd (L&T) Thursday bagged a $94.95 million shipbuilding contract from BigLift Shipping of the Netherlands.
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 dwt and also plans to construct a shipbuilding yard for bigger vessels, the company said Thursday. [22/06/07]


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