The Russia-owned Essar Shipping & Logistics (ESLL) has placed a mega order for constructing six bulk carriers with ABG Shipyard.
The Mumbai-based shipbuilder will construct six geared Supramax bulk carriers. The contract is valued at $210 million. The vessels with 54,000 dwt will be built at an estimated cost of $35 million each. These ships will be delivered between December 2009 and March 2011, and will be fitted with 36-tonne cranes with the grab. Essar Shipping, a subsidiary of ESLL, already owns and operates 27 ships including very large crude carriers, product tankers and bulk carriers. These vessels will be environment-friendly and comply with the stringent International Maritime Organization regulations.
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