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ABG Shipyard

ABG Shipyard

ABG Shipyard

Company Name: ABG Shipyard Limited

Type: Public company (BSE: 532682 | NSE: ABGSHIP | ISIN: INE067H01016)

Industry: Shipbuilding

Founded: 1985

Headquarters: Mumbai, India

Key people: Rishi Agarwal (Chairman), Ram swaroop Nakra (managing director), DP Gupta (Vice president), Subas Gantayat (Vice president)

Services: Ship design, Ship building, Ship repair

Website: abgindia.com

ABG Shipyard Limited is a Mumbai based shipbuilding company in India.

ABG Shipyard is a part of the ABG Group of companies with diversified business interests. Established in 1985, it is headquartered in Mumbai. It has shipbuilding operations in Surat and Dahej in Gujarat. Following its acquisition of Western India Shipyard Limited in October 2010, it operates a ship repair unit in Goa which is the largest ship maintenance facility in India.

ABG Shipyard builds a range of commercial vessels. These incldue self-loading and self-discharging bulk carriers, container ships, floating cranes, split barges, anchor handling tugs, dynamic positioning ships, offshore supply vessels and diving support vessels.

ABG was granted clearance from the Government of India to build warships and various other vessels for the Indian Navy. It was the second corporate shipyard to receive this licence after Pipavav Shipyard.

In 2004, it was awarded a contract to build pollution-control vessels for the Indian Coast Guard. In 2009, the Shipyard was selected to build 11 high-speed water jet propelled interceptors for the Coast Guard.

In June 2011, ABG Shipyard was awarded a INR9.7 billion (US$150 million) deal to build two cadet training ships for the Indian Navy. In January 2012, it won an order of 5 billion order frm Shipping Corporation of India taking its order book to about INR200 billion (US$3.1 billion).

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