Pipavav bags a dozen OSVs

India?s largest dockyard Pipavav Shipyard has signed a contract with the Oil and Natural Gas Commission (ONGC) for construction and supply of 12 offshore supply vessels (OSVs) at a total value of about Rs 513.83 crore ($111.8 million).

With its focus on oil and gas and defence sectors, Pipavav has orders for 22 Panamax bulk carriers and it has already commenced construction of four vessels, the first of which is expected to be delivered in April 2010, with subsequent deliveries expected at intervals ranging from one to three months thereafter.

It has also submitted bids for seven naval vessels – five naval offshore patrol vessels and two cadet training ships.

Located on the west coast of India, Pipavav Shipyard is capable of ship construction and repairs for a range of vessels of different sizes and types, including naval vessels and coast guard vessels, as well as the fabrication and construction of products such as offshore platforms, rigs, jackets and vessels for oil and gas companies.

The dry dock, measuring 662m in length and 65m in width, is capable of accommodating ships of up to 400,000 DWT and is serviced by two Goliath crane each having a lifting capacity of 600 tonnes.