Tag orders ABG trio

Tag Sealogistics in Mumbai, India, placed an order for three 4,700kW, 80 tonne bollard pull AHTS vessels with ABG shipyard. The cost is expected to be around $42 million and delivery is expected to be completed during 2007.

The company currently owns three AHTS vessels and one tug, all of which are under long term charter with Indian state-owned oil company ONGC.