August 2, 2007
Bharati wins repeat PSV order
India's Bharati Shipyard Ltd reports that it has won a repeat order from UP Offshore (Bahamas) Ltd, for design, construction and supply of two Platform Supply Vessels. The total contract value of this order is US$ 44.03 million .
UP Offshore (Bahamas) Ltd. is a unit of Ultrapetrol (Bahamas) Limited (NASDAQ: ULTR.O).