ABG Shipyard Ltd has announced that Company has bagged a prestigeous order for the construction of 3 units of sub-sea multi purpose vessels from Sealion Shipping Ltd on behalf of Toisa Ltd. These vessels are designed for a world class subsea and ROV support duties. The total order size is approx. Rs. 585 cr (US $ 136.65 Mio).
Sealion Shipping Ltd and Toisa are engaged in specialized E&P Support vessels, consultancy and technical support to the specialised marine industry. They further expanded their activities into the support of the offshore oil and gas industry and, today, this forms their core market.
Toisa currently operates a modern fleet of 23 vessels. Besides, Toisa has a further 12 offshore support vessels under construction which will enter its fleet in the near future.
With the above order, the total order book of the Company stands at approx. US $ 2.436 Billion.
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