ABG Shipyard said on Wednesday that it has bagged orders for building six vessels from Shipping Corporation of India. The value of the order is about Rs 500 crore, the company said in a notice to the stock exchanges. All the vessels - five Bollard pull anchor handling tugs (AHTS) — will be delivered in 15-25 months. With this, ABG's order book position stands at Rs 16,600 crore. Shares of the ABG Shipyard closed at Rs 418.10 on BSE, up by 8.32 per cent, on Wednesday.

kurup@thehindu.co.in