Business Standard

Great Off-shore bags order for $ 15 million

Image

Press Trust of India Mumbai

The order comes with an option of extending for another year, the source said.        

A heavy-lift vessel supports off-shore instillation for day-to-day operations and maintanence.        
Great off-shore bought the vessel for 10 milliom dollars in January this year and spent two million dollar for refurbishment.        

Analyst said the payback time is two years.        

 

However, company officials were not available for comment.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 20 2008 | 12:30 PM IST

Explore News