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    India's ABG yard secures six AHTs

    Yard News // April 12, 2006

    Fairplay's daily newbuilding news reports that Mumbai, India-based ABG Shipyard, India's largest private shipyard, has won a repeat order from Sea Tankers Management, a part of the John Fredriksen Group to build six anchor handling tugs (AHTs) worth US$60.2 million.

    The order gives the yard an orderbook amounting around US$501 million with 48 ships under construction.

    Fairplay said the delivery period for the AHTs starts in December 2007 and is due to be completed in March 2009.

     

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