ABG Shipyard bags Rs 385 cr order

ABG Shipyard secured order worth Rs 385 crore for constructing three cement carriers of 20,000 DWT from Associated Bulk Carriers Pte, Singapore (ABC).

ABC is a joint venure of Precious Shipping Public Company (PSL), a dry cargo owning and operating company. PSL is listed on Stock Exchange of Thailand.

With this order, ABG's order book position stands at around Rs 12,100 crore.