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    Tag Logistics orders newbuilding trio at ABG

    Vessel & ROV News // March 6, 2006

    Tag Sealogistics in Mumbai, India placed orders for three 6,400bhp, 80 tons bollard pull AHTS vessels with ABG shipyard.

    The cost of the acquisition is expected to be around US$42 million, and delivery of the vessels is expected to be completed during 2007.

    Broker Seabrokers reports that the company currently owns three AHTS vessels and one tug, all of which are under long term charter with Indian state-owned oil
    company ONGC. 

     

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