‘Shipping Construction’ Archives
Deep Industries Limited has informed the market that the Company has obtained Notification of Awards for hiring of services for compression of natural gas at Kesanapalli (w)-GGS for a period of five years. The approx. value of the contract is Rs. 1149.75 Lacs. The order is for LOA From: ONGC, Rajamundry Asset - Location: Kesanapalli (w), Andhra [...]
ABG Shipyard annpounces that it has Bags Order for Construction of 3 no. Cement Carriers,the Order is for - Construction of 3 cement carriers of 20,000 DWT. Value of the 3 Vessels - US $ 85.5 million (approx. Rs. 385.00 crores) Following this order, the order book position of the Company as on date, stands at around Rs. 12,100.00 Crores. [...]
Pipavav shipyard has everyone knows that SKIL Infrastructure Ltd has planned to buy almost 19.43 percent from Punj Lloyd and the plan is as below. Pipavav Shipyard Ltd has informed BSE that the Company have been intimated that, SKIL Infrastructure Ltd. ('SKIL'), SKIL Shipyard Holdings Pvt. Ltd. ('SKIL Shipyard') and Punj Lloyd Ltd., have executed [...]
L&T has informed the market that the company has been awarded a contract by the Ministry of Defence for the design and construction of 36 high speed Interceptor Boats for the Indian Coast Guard. The contract is valued at Rs 977 crore, and is among one of the main initiatives being taken by the government to strengthen coastal security.
Great Eastern Shipping Company Ltd (GE Shipping) has informed the market that, as part of the growth strategy they have planned for the the wholly owned subsidiary, Greatship (India) Ltd ("Greatship"), to raise finances for its business through the public for an initial public offering. Any offering and its timing will be [...]
ABG Infralogistics Ltd has informed the market that it received LOA from from Vishakhapatnam Port Trust and the order is for "Development of Western Quay-6 (WQ-6) berth in the Northern Arm of Inner Harbour of Visakhapatnam Port Trust for handling of dry bulk cargo for 30 years on DBFOT basis".The stock was trading at Rs 166 on the closing and [...]
Pipavav Shipyard Ltd which is in limelight for sometime as the IPO listed company and which is listing below par value , dint show any sign of recovery i thought at least this news of order would bring it back up but no recovery sign ,the company has bought order worth 521.93 crore for construction and supply of 12 Nos. Offshore Support Vessels [...]
Pipavav Shipyard IPO informed the market that it will be listing on Friday, October 09, 2009. The IPO Issue price has been fixed at Rs 58/- per share.It was oversubscribed by 8.25 times and out of which retail was at 2.8958 times. Detail Listing Info: Listing Date: Friday, October 09, 2009 BSE Script Code: 533107 NSE Symbol: PIPAVAVYD Listing [...]
Dolphin Offshore Enterprises has informed the market that it has received an LOI for structural modification work at unmanned platforms in MH for deployment of Modular rig on turn key basis by Instrumentation. The value of the project is mentioned as 106 crore in the LOI. The Execution time is almost 2 years from now .
Deep Industries informed the market that the company has bagged 2 contracts worth Rs 7.2 Cr from ONGC this is for the sites at Assam & Rajahmundry and also the company extended Rs 4.43 crore contract with GACL.
Bharati Shipyard informed the market previous week that they have secured Rs 281 crores Defence contract to supply vessels the order is from Government of India, Ministry of Defence, for supply of 15 (fifteen) Interceptor Boats for Indian Coast Guard.The contract value is Rs 281 crores.
Aban Offshore was down by almost 2.5 percent which is not a big deal at all nowadays , after in informed the market that the promoters have pledged 8 percent of the equity,promoter holding at 60.8 percent now as on December 31, 2008.Nowadays the company is doing a safe bet by informing themselves rather than hearing it through rumors that way it [...]
Gammon Infrastructure Projects Ltd has has informed the market that one of its subsidiary Indira Container Terminal Pvt. Ltd., the special purpose vehicle incorporated for developing the Mumbai Offshore Container Terminal Project (the "Project") has achieved the 'Financial Closure' for the Project with a consortium of bankers for an aggregate [...]
Great Offshore Ltd has informed the market that the Company has chartered two of its vessels - Malaviya Thirty Three and Gal Ross Sea to Petroleum Marine Services Co., Egypt. Accordingly, the vessels have commenced operations in the Khafji Oilfields for Saudi Aramco under one year firm charter with option for two more extensions. The aggregate [...]
Mundra Port and Special Economic Zone Ltd has informed the market that they have signed a MoU for setting up a world class dedicated automobile terminal with Nippon Yusen Kaisha (NYK) of Japan.Nippon Yusen Kaisha is world famous for its auto terminals they have around the worlds harbor and also they are famous for the extensive fleet of [...]
Container Corporation Of India net profit raised 28.48 Percent to Rs 223.68 crore in Qtr ending September 2008 for the financial year 2008-2009 as against Rs 174.10 crore in qtr ending September2007. Sales raised 9.78 Percent to Rs 903.36 crore in Qtr ending September 2008 for the financial year 2008-2009 as against Rs 822.88 crore in qtr [...]
Aban Offshore infromed the market that they have won order worth 178 crore for 180 days worth projects with Husky Oil China for multiple well-drilling program , The stock closed almost down by 10 percent down to almost 2100 rs . Financial Side On the Financial side Aban offshore gave a mind blowing profit surge of 152 percent to Rs 71.51 crore [...]
Dolphin Offshore Enterprises India has received contracts from 2 company totalling almost 16 million dollar or almost 72 crore , Order Details >charter hire of DP / DSV Vessels from Leighton India worth US$ 10 million. Execution time is just 3 months. >Received another contract from Punj Lloyd worth US$ 6 million. execution time is 2 months so [...]
Aban Offshore informed the market that they have bagged 5 years contract for one of its offshore rigs in Latin America.The rig is semi-submersible rig Aban Pearl.It is reported that the revenue from this contract is 3150 crore which is i think spread over 3150 crore. Financial On the financial side Aban Offshore’s declared a net profit which [...]
Dolphin Offshore informed the market that they are awarded a contract worth 304 crores by ONGC for NQD Enhancement Project and ICP Revamp Project which are to be completed in june 06 2000 and the last one in december 31 2009. Financials There net profit increased almost 241.7% to Rs 8.44 crore on increase in sales of 33.3% to Rs 66.93 crore in [...]
Aban Offshore informed the market today that Venture Drilling AS, which is a subsidiary of they and have like 50% shareholding, has signed a 18 month contract with Maersk Oil Angola, at an operating day rate of $ 495,000 (Rs 2.178 crores) after ax. This contract is likely to commence in July 2009, in direct continuation of its present contract. [...]
ABG Shipyard has declared its results for the qtr ending mar 2008. The company's net profit was at Rs 46 crore versus Rs 32.99 crore.The company’s total income for the quarter was Rs 278.65 crore (Rs 195.97 crore).For the financial year 2007-2008, the company’s net profit stood at Rs 160.68 crore and income at Rs 974.24 crore.
Aban Offshore Ltd has informed the market that a Contract has been signed with Exxon Neftegas Ltd for the deployment of the Jack-up rig Murmanskaya Offshore Russia for a 2 well programme.The estimated revenues from the Contract (with an estimated duration of approx 160 days) is approx USD 34 Million. The deployment is to commence in direct [...]
Larsen & Toubro announced The hindu yesterday that there hopes to begin work on the integrated shipbuilding yard and port at Ennore, north of Chennai is nearing and they are positive on the way how the activities are going, Its proposal for this project got the Tamil Nadu Government’s approval in January 2008, and the company is now [...]