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April 10, 2007 ABG to build bulkers for Cyprus owner India's ABG Shipyard Ltd has won an order to construct four 54,000 dwt Supramax Bulk Carriers, for Essar Shipping & Logistics Ltd, Cyprus, at a price of $139 million each. The vessels are to be delivered by March 2011. The order takes the value of ABG's order book to $915.5 million. |