Colombo Dockyard to build shipping vessels for GIL

Indian shipping major Greatship (India) Ltd (GIL) has placed a multi-million dollar order for two support vessels to be constructed by the Colombo Dockyard Ltd in Sri Lanka.

The orders by GIL, a wholly owned subsidiary of Great Eastern Shipping, are to be completed by January 2011, a company statement said. The vessels are designed both for operating as advanced PSVs (Platform Supply Vessels) with enhanced accommodation (50 pax), DP2 capability, as well as ROV (Remotely Operated Vehicle) Support Vessels. This order is in line with GIL's strategy of tapping the burgeoning sub-sea construction markets, both globally as well as in India, the statement said. GIL presently owns and operates three PSVs, two in India and one in the North Sea, and two AHTSV, one in India, and one in the Middle East. GIL and its subsidiaries also have an order book of 16 vessels and one rig under construction - two PSVs in Norway, two AHTSVs (Anchor Handling Tug Supply Vessels) in Sri Lanka, four AHTSVs in Batam free trade zone in Indonesia and four MPSVs in Singapore. It also has order book for two MSVs in India, two MPSVs in Sri Lanka, and a premium 350 jack up rig in Singapore. Colombo Dockyard PLC, which is situated within the Colombo port, is Sri Lanka's largest engineering facility leading in the business of ship repairs, shipbuilding, heavy engineering and offshore engineering.

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