Mazagon Dock Shipbuilders Limited (MDL) has signed individual Shipbuilding Contracts with the European client for construction of three (03) units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels on December 14, 2023 for a value.of approx. USD 42 million. Time period by which the order(s)/contract(s) is to be executed: 1st vessel delivery is 27 months after contract effectiveness.

Delivery of subsequent vessels at interval of two months.