Bharati Shipyard Ltd has announced that Man Ferrostaal AG of Germany has ordered two latest generation large PSVs from the company. The contract value of each vessel is €38 million totalling €76 million (approximately Rs 418 crore). These vessels are 105m in length and are fitted with two sets of Voith cycloidal propeller units at the stern powered by electrical prime mover for diesel electric propulsion. The vessels will have cargo deck area of 1,400 sq. metres and will have 2,500-tonne deck load capacity. This is the first time that such latest generation PSVs with Voith cycloidal propeller units are being made in Asia.