ABG Awarded Repeat Order from GACL

ABG Shipyard Ltd shipyard has won a repeat order from Gujarat Ambuja Cements Limited. With this new order the Company has an Order Book. ABG Shipyard nnounced the order for construction of a Self Loading and Unloading vessel of 4,000 DWT Bulk Cements Carrier at a price of $9m. Gujarat Ambuja Cements Ltd., currently owns 7 vessels, all built by ABG Shipyard Ltd in the past. With this order it will increase the number of vessels to 8 for Gujarat Ambuja Cements Ltd. The length of the vessel is 97 Meter. The delivery period for the vessel is by 30th June, 2008. With the above order in terms of INR approximately Rs.45 Crores for one confirmed vessel