Deals3 May 2024, 12:11 am
MDL Signs Contracts for Construction of Three 7,500 DWT Multi-Purpose Hybrid Powered Vessels for a European Client
AI Summary
Mazagon Dock Shipbuilders Ltd (MDL) has signed individual Shipbuilding Contracts with a European client for the construction of three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels. The contracts are worth approximately 42 million USD.
Key Highlights
- MDL signs contracts with European client for construction of 3 multi-purpose vessels
- Contracts valued at approximately 42 million USD
- Construction to begin post-April 30, 2024, with completion dates for each vessel: 30 Oct 2026, 5 Jan 2027, and 28 Feb 2027