Bharati Shipyard bags order from SCI

Bharati Shipyard Ltd has informed that the Shipping Corporation of India Ltd board has accorded approval for acquisition of four nos. Anchor Handling Tugs cum Supply Vessels from Bharati Shipyard Ltd. The total price of each vessel is US$ 22.32 million totaling to US$ 89.28 million (approx. Rs 351 crores). The contract signing ceremony will be held on October 15, 2007.

These vessels are the first of its kind being built by Shipping Corporation of India Ltd. in India using such advance Design. These vessels will be constructed by using Havyard Design which will be used for the first time for such vessels built in India. The design allows for achieving high bollard pull and fuel efficiency as against equivalent designs. Further, the design allows higher DWT and higher cargo carrying capacity compared to other 80 tons AHTSVs with similar dimensions.