ABS Marine wins ₹27 crore offshore vessel charter from L&T

By Admin

09 Oct, 2025

Expanding Leadership in Offshore Marine Services
ABS Marine Services Limited has once again demonstrated its growing dominance in India’s offshore logistics and marine services sector by securing a ₹27 crore contract from Larsen & Toubro Limited (L&T). The contract, awarded under a Charter Party Agreement, involves the charter of a DP-2 Platform Supply Vessel (PSV) that will support L&T’s offshore operations for its energy and infrastructure projects.

Contract Details and Operational Scope
Under the agreement, the vessel will be deployed for 120 days on a firm basis, with an optional 56-day extension. The scope of work includes the chartering, operation, and management of the offshore supply vessel, ensuring seamless support for L&T’s offshore energy and construction initiatives. This engagement not only strengthens ABS Marine’s project portfolio but also reaffirms its capability to deliver high-quality and reliable offshore services.

Strengthening Market Presence Through Strategic Wins
The latest contract adds to a series of major milestones for ABS Marine. Over the past year, the company has secured several significant assignments, including long-term vessel charters with ONGC and Schlumberger Asia Services. It has also signed multi-year port service agreements with the Chennai Port Authority and the Visakhapatnam Port Authority. Each of these achievements underscores ABS Marine’s strong technical competence and operational consistency in managing complex maritime assets.

Building a Trusted Legacy in Offshore and Port Operations
According to ABS Marine, these consecutive contract wins highlight its technical strength, operational reliability, and strategic growth in India’s offshore ecosystem. The company’s consistent performance and proven expertise have reinforced its position as a trusted partner for high-value offshore projects.

A Step Forward in India’s Marine Logistics Evolution
As India continues to invest in offshore energy and infrastructure development, ABS Marine’s role in providing dependable vessel management and logistics support becomes increasingly vital. The partnership with L&T marks yet another step forward in the company’s journey to becoming a leader in the offshore and marine logistics domain, driving efficiency, innovation, and sustainable operations across the sector.