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2011 March 22   10:56

SCI to acquire anchor handling towing & supply vessels

State-run Shipping Corporation of India (SCI) is all set to acquire two anchor handling towing & supply vessels of 120 T. Bollard Pull capacity each which were earlier contracted by a Norwegian Ship-owner, the Ministry of Shipping said in a statement, RTT News reports.
The contracts were terminated by the owners in January, 2011. Later SCI signed the shipbuilding contracts with Cochin Shipyard in February, 2011 at New Delhi.
These vessels are in advance stage of construction and will now be delivered to SCI in July 2011 & September, 2011, the statement adds.
Shares of SCI are currently trading down 0.19 percent at Rs. 106 on the Bombay Stock Exchange.
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