L&T bags Rs 440 cr order From Zadeko

L&T bags a Rs 440-crore order for building four ships from Zadeko Ship Management CV of the Netherlands even before the company has a full-fledged shipbuilding yard in place. ABG Shipyard Ltd bags a repeat order for the construction of six anchor handling tugs for a total of Rs 270 crore from Sea Tanker’s Management Co Ltd, taking its order-book to Rs 2,204.36 crore. These are but a couple of instances that mirror the boom that the shipbuilding sector is now experiencing.