APSEZ's Astro Offshore secures contract for European subsea expansion
pre-market1 source ↓written by the desknot a recommendation
- aims
- 200-vessel fleet
Adani Ports and Special Economic Zone Ltd. (APSEZ) has contracted with Oceaneering International Inc. to enhance its deepwater engineering capabilities in Europe. The deal includes the addition of the Astro Atlas, a 97-metre multipurpose support vessel, as APSEZ aims for a 200-vessel fleet and marine revenue of ₹6,000 cr by FY31. This marks a significant entry into specialised subsea operations, potentially boosting APSEZ's market position.
Not investment advice. For informational purposes only.