• BIST 94.082
  • Altın 189,916
  • Dolar 4,7932
  • Euro 5,6125
  • İstanbul 29 °C
  • Ankara 27 °C

ABG: Essar rigs 40% done

ABG: Essar rigs 40% done
ABG Shipyard Ltd has completed almost 40% work on the two rigs for Essar Shipping Ports and Logistics Ltd and is receiving payments for the same in instalments, Dhananjay Datar, chief financial officer of the shipbuilding firm, told ?NewsWire18? on Monday

ABG Shipyard: Essar Shipping rigs 40% done

ABG Shipyard Ltd has completed almost 40% work on the two rigs for Essar Shipping Ports and Logistics Ltd and is receiving payments for the same in instalments, Dhananjay Datar, chief financial officer of the shipbuilding firm, told "NewsWire18" on Monday.

The order for these self-elevating jack-up rigs was booked in October. Earlier this year, some analysts had raised eyebrows after ABG Shipyard started working on the $480 million (Rs2,362 crore today) Essar rig orders and also posted revenue of Rs160 crore in October-December, despite Essar reportedly not paying the amount due.

The company had then said though the amount was unrealized, it was reflected in its accounts as work had started on the rigs.

Turkish Maritime Magazine

This news is a total 2432 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Havyard buyer bails11 March 2016 Friday 12:46
  • Havyard buyer nails10 March 2016 Thursday 15:02
  • Rolls-royce to supply LNG propulsion for fish food carrier09 March 2016 Wednesday 14:41
  • Step taken to build skilled workforce in shipbuilding19 January 2016 Tuesday 10:26
  • Canadian Shipyards May Lose Out on Navy Orders19 January 2016 Tuesday 10:21
  • Saga Cruises Confirms Cruise Ship Order at Meyer13 January 2016 Wednesday 10:22
  • Two more Sanmar tugs for Svitzer12 January 2016 Tuesday 11:14
  • ‘Living Stone’ keel laid12 January 2016 Tuesday 09:16
  • China builds second 'monster' ship11 January 2016 Monday 12:11
  • December defense contracts bring bounty to Ingalls Shipbuilding05 January 2016 Tuesday 11:37
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |