Shipping Corporation of India Ltd (SCI) has placed orders for ten new ships aggregating $600 million, a top company official said.
The company has placed further orders for six more newbuilding tankers in August 2007. With this the company has an extremely healthy orderbook position with eighteen ships on order-including VLCCs ordered in FY 06. The state-of-the-art newbuilding ships, which are being built to the most modern and latest specifications are not only expected to augment the company's fleet but also bring in great improvement in the fleet in terms of quality.
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