ABG Shipyard

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ABG Shipyard Ltd.
Type Public
Traded as BSE532682
NSEABGSHIP
Industry Shipbuilding
Founded 1985
Headquarters Mumbai, India
Key people

Rishi Agarwal (Chairman), Ram swaroop Nakra (Managing Director)

DP Gupta (Vice President), Subas Gantayat (Vice President)
Services Ship design
Ship building
Ship repair
Website www.abgindia.com

ABG Shipyard Limited is one of the largest shipbuilding companies in India.[1]

Contents

History

ABG Shipyard is a part of the ABG Group of companies with diversified business interests. Established in 1985, it is headquartered in Mumbai. It has ship-building operations in Surat and Dahej in Gujarat. Following its acquisition of Western India Shipyard Limited in October 2010, it operates a ship repair unit in Goa which happens to be the largest ship maintainence facility in India.[2]

Products

ABG Shipyard builds a range of commercial vessels. These incldue self-loading and self-discharging bulk carriers, container ships, floating cranes, split barges, anchor handling tugs, dynamic positioning ships, offshore supply vessels and diving support vessels.

ABG was granted clearance from the Government of India to build warships and various other vessels for the Indian Navy. It was the second corporate shipyard to receive this licence after Pipavav Shipyard.

In 2004, it was awarded a contract to build pollution-control vessels for the Indian Coast Guard.[3][4] In 2009, it was selected to build 11 high-speed water jet propelled interceptors for the Coast Guard.[5]

In June 2011, it was awarded a INR9.7 billion (US$193.52 million) deal to build two cadet training ships for the Indian Navy.[6] in January 2012 it won an order of 500 crore order frm Shipping Corporation of India taking its order book to about Rs. 20000 crore($ 4 billion)

See also

References

  1. ^ http://www.abgindia.com/about-main.htm
  2. ^ "ABG Shipyard completes acquisition of Western India Shipyard". Business Standard. 2010-10-15. http://www.business-standard.com/india/news/abg-shipyard-completes-acquisitionwestern-india-shipyard/112329/on. Retrieved 2011-09-10. 
  3. ^ "Coast Guard staff had role in swinging deal with ABG". IBN Live. 2007-12-19. http://ibnlive.in.com/news/coast-guards-staff-had-role-in-swinging-deal-with-abg/54478-3.html. Retrieved 2011-09-10. 
  4. ^ "Rolls-Royce and ABG Shipyard prepare Indian Coast Guard for oil emergency role". Rolls-Royce plc. 2004-10-25. http://www.rolls-royce.com/marine/news/2004/041025_indian_coastguard.jsp. Retrieved 2011-09-10. 
  5. ^ "Interceptor boats built by ABG commissioned at Kochi". The Times of India. 2011-03-31. http://articles.timesofindia.indiatimes.com/2011-03-31/surat/29365136_1_interceptor-boats-abg-shipyard-vessels. Retrieved 2011-09-10. 
  6. ^ "ABG Shipyard inks Rs 970-cr deal with Indian Navy". The Hindu: Business Line. 2011-06-28. http://www.thehindubusinessline.com/industry-and-economy/logistics/article2141477.ece. Retrieved 2011-09-10. 

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