ABS Marine Services Limited Acquires Offshore Support/Supply Vessel
Mumbai – March 31, 2026 – ABS Marine Services Limited (NSE: ABSMARINE), a leading maritime company providing ship management, vessel ownership, marine, and port services, announced a contract to acquire an Offshore Support/Supply Vessel (MPSV) from the international market. The vessel is expected to be delivered during the first quarter of fiscal year 2027 (April 2026 - June 2026).Acquisition Highlights:
- Vessel Type: Offshore Support/Supply Vessel (MPSV)
- Expected Delivery: Q1 FY27 (April - June 2026)
- Source: International Market
- Strategic Purpose: Strengthening owned fleet and offshore capabilities
The move comes against a backdrop of increased strategic emphasis on energy security and self-reliance in India, driven by global supply uncertainties and geopolitical disruptions, leading to a push for domestic hydrocarbon exploration. Government initiatives opening up offshore areas for exploration are expected to generate sustained demand for offshore services.
Captain P.B. Narayanan, Managing Director of ABS Marine Limited, stated, “Entering into this contract marks another important milestone in our journey towards strengthening our owned fleet and offshore capabilities. This addition will enhance our ability to meet evolving client requirements and position us to capitalize on emerging opportunities in the offshore segment. We remain focused on building a strong asset base that supports long-term growth and operational excellence.”
For the fiscal year 2025, ABS Marine Services Limited reported a Consolidated Total Income of ₹ 184.31 Cr, EBITDA of ₹ 54.64 Cr, and a Net Profit of ₹ 27.25 Cr on a consolidated basis.
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