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2007 August 2   13:13

India's Bharati Shipyard wins 44.03 mln usd repeat order from UP Offshore

India's Bharati Shipyard Ltd said it has won another order, worth 44.03 mln usd, from UP Offshore (Bahamas) Ltd for two platform supply vessels (PSV). Bharati said it will design and construct the vessels used to service the offshore oil platforms. Earlier, in April, Bharati has received its first order from UP Offshore, an Ultrapetrol Bahamas Ltd (NASDAQ:ULTR) group company, to supply two PSVs for 43.30 mln usd.

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