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.