Bharati Shipyard Gets $43.4m Deal

Bharati Shipyard Ltd. (BSL), one of India's private sector shipyards, won a $43.4m deal from Norwegian firm Sea Cargo Skips AS to design and construct two vessels. These vessels are meant to operate between various ports of Scandinavian countries and Britain. BSL owns three shipyards, which are located at Ghodbunder and Ratnagiri in Maharashtra and Kolkata. It is in the process of building a greenfield shipyard at Mangalore with a capacity nearly four times higher than the existing yards. Source: India Enews