ABS Marine Services Secures ₹27 Crore Contract from L&T.

ABS Marine Services has signed a Charter Party Agreement with Larsen & Toubro (L&T) to provide chartering, operation, and management of an offshore supply vessel in support of L&T’s offshore energy and infrastructure projects.

The contract, valued at ₹27 crore, is set for a duration of 120 days, with an option to extend by an additional 56 days.

This new engagement with L&T strengthens ABS Marine’s diversified portfolio in offshore and port service operations. The company recently secured several high-value contracts, including long-term charters with ONGC and Schlumberger Asia Services, as well as multi-year port service agreements with the Chennai and Visakhapatnam Port Authorities.