This is the first contract signed with the buyer.
Marnavi Spa is a shipping company operating on the world chemical product and food stuff transportation market.
The company owns a total fleet of 27 ships consisting of petrochemical tankers, transporting ships HTS and recoil vessels.
ABG has also bagged an order for the construction of one research vessel from the Council for Scientific and Industrial Research (CSIR) to be used by the National Institute of Oceanography.
The value of the contract is approximately Rs 178 crore.
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CSIR is an organisation with a mission to provide scientific industrial R&D that maximises the economic, environmental and social benefits for the people in India
With these, the order book of the company stands at Rs 8499 crore.