MoneyWorks4Me analysed the past 10-year performance of ABG Shipyard Ltd and arrived at the following conclusion:
Data is not available for this company.
Data is not available for this company
ABG Shipyard incorporated in 1985, is flagship company of ABG group. Company was incorporated under the name Magdalla Shipyard as a private limited company. Company is engaged in the business of carrying shipbuilding and ship repair business. Companyâ€™s corporate office is located in Mumbai and registered office in Surat.
Company has emerged as the largest private sector shipbuilding yard in India with satisfied customer base all around the world. Companyâ€™s Shipyard has
Company has emerged as the largest private sector shipbuilding yard in India with satisfied customer base all around the world. Companyâ€™s Shipyard has manufacturing facilities that includes a â€œShip-lift Facilityâ€ with a lift capacity of 4500 tons, side transfer facilities, CNC plasma cutting machine, bending rolls, hydraulic press, cold shearing machine, frame bending machine and steel processing machinery. This shipyard has in-house blasting shop and fabrication shop that covers 4 bays of 150 x 30 M each equipped with 20T EOT Cranes. This shipyard has received ISO 9001:2000 for its quality management.
In past, the company has developed 104 specialized and sophisticated vessels that includes Interceptor Boats, Self Loading and Discharging Bulk Cement Carriers, Floating Cranes, Articouple Tugs and Flotilla, Split Barges, Bulk Carriers, Newsprint Carriers, Offshore Supply Vessels, Dynamic Positioning Ships, Anchor Handling Tug Supply Vessels, Multi-purpose Support Vessel, Diving Support Vessels, etc. and are delivered to leading companies in India and abroad.
Companyâ€™s Ship Repair division has successfully repaired and renovating Dredgers, Ethylene Carriers, Bulk Carriers, Offshore Supply Vessels and Coast Guard Vessels. Company has clientele namely Consolidated Contractors International S.A.L., Abu Dhabi, Halul Offshore Co-Qatar, Doha, Lamnalco Group - Sharjah (UAE), Maridive & Oil Services - Egypt, Zamil Offshore & Maintenance Co â€“ Saudi Arabia, Vroon B.V.-Holland, L&T Hoctief (Part of Larsen & Toubro) and Vikram Ispat (Part of A.V.Birla Group) and Indian Coast Guard are among others.
In 2010 - ABG Shipyard entered into a joint venture (JV) with Sierra Leone based Sierra Leone Exploration Mining Company (SLEMCO) for mining bauxite in northern Sierra Leone.In 2011 the company signed first of its kind contract with Indian Navy for construction of two Cadet Training Ships.
Company specializes in manufacturing -- 102M Side Loader / Newsprint / Container Ship 83.5M DP2 Diesel Electric Propulsion Diving Support Vessel 26 Metre High Speed Aluminium Interceptor Vessel 47M 80 ton Bollard Pull MPV 60.8M DP1 (Dynamic Positioning) Diving Support Vessel 56 M Well Test / DP2 Supply Vessel 50 M Well Test / Supply Vessel 50 T Azimuthing Stern Drive Bollard Pull Tug 60.8 M. Anchor Handling Tug / Supply Vessel 49.5M Multiutility Vessel 77.9M 2250 DWT Mini Bulk Carrier 80M 2500 DWT Self Loading / Unloading Bulk Cement Carrier 4000 DWT Self Loading / Unloading Bulk Cement carrier
Vessels delivered in past
ABG Shipyard has been awarded All India Trophy for Highest Exporters as recognition of outstanding contribution to engineering export from Government f India - Ministry of Commerce.
In 2010 the company was awarded a 'Shield for Star Performer as Large Enterprise' in the product group of Miscellaneous Transport Equipment and Parts in recognition of Company's outstanding contribution to Engineering Exports.