ABS Marine Services Share price

The Company was originally incorporated as ‘ABS Marine Services Private Limited’ a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated October 27 1992 issued by the Registrar of Companies Tamil Nadu (“RoC”). Subsequently the name of the company was changed from ABS marine Services Private Limited’ to ‘ABS Marine Services Limited’ upon conversion into public company pursuant to a special resolution passed by the shareholders of our Company on September 27 2023 and a fresh certificate of incorporation consequent to conversion was issued by the RoC on October 23 2023. Our Company’s Corporate Identity Number is U71120TN1992PLC023705.Major events and milestones :1992- Awarded the Complete Ship Management of two Offshore Supply Vessels of the Great Eastern Shipping1996- Awarded the Complete Crew Management of the six Cargo Ships of The Great Eastern Shipping Company London Limited2001- Awarded the complete Crew Management for the 17 number Passenger vessels under the Directorate of Shipping Services (DSS) under A&N Administration- Awarded the complete Port Management of newly built Ennore Port Tamil Nadu2002- Awarded the complete Crew Management for the Passenger vessels of the Lakshadweep Development Corporation Ltd.2004- Established Epsom Shipping & commenced Ship Owning activities under Epsom Shipping with the first purchase of Offshore Support Vessel Epsom 1.2006- Designed & Purpose built the Multi-Purpose Dive and Rov Support M.V. ATLA in Sarawak Malaysia. Vessel employed with Cairn Energy and Saudi Aramco in the Long Term.2007- Awarded the Total Ship Management contract for the state-of-the-art deep sea Ocean Research Vessel “Sagar Nidhi” from the National Institute of Ocean Technologies Ministry of Earth Science.- Awarded the Ship Management Contract for the 2000 CBM Cutter Suction Dredger 'MARG Cauvery' from Marg International Dredging Pte Ltd India for the dredging and development of the then Marg Karaikal Port.2008- Awarded the Ship Management Contract for the 5000 CBM hopper capacity Trailer Suction Hopper Dredger 'MARG Vaigai' from Marg International Dredging Pte Ltd for the dredging and development of the then Marg Karaikal Port2009- Award & Commencement of Long-Term Contract with Cairn Energy India Pty Ltd for the supply & operation of the Production Support Vessel “M.V. Saga” for the diversified work scope encompassing - Inspection Maintenance & Repair works of Platforms Pipelines & Subsea Structures CALM Buoy Maintenance Tanker Mooring and Static Tow Emergency Response Patrolling Four Point Mooring Operation Coil Tubing etc. in the Offshore RAAVA Field- Awarded the Complete Ship Management of Chemical Tanker “M.V. Taurus” for Peninsular Tankers Private Limited a part of the Ruchi Soya Group2010- Awarded the Complete Management of the 17 Passenger Vessels of the Directorate of Shipping Services (DSS) under the A&N Administration2011- Awarded the Ship Management contract of the DP-2 ROV Multi-Purpose Offshore Vessels “LEWEK ALTAIR” & LEWEK ATLAS” for EMAS Marine Singapore- Awarded the contract for Ship Management of Passenger cum Ro-Ro Ship Amet Majesty from AMET Shipping Pvt Ltd2014- Built & delivered new state-of-the-art DP-2 Multi-Purpose Offshore Supply Vessel “M.V. Celestial” at the Xiamen Shipbuilding Industry China. The vessel is owned by Epsom Shipping India Pvt Ltd (Subsidiary Company)2015- Purchase of one Offshore Support Vessel from Milaha Qatar- Long Term Leasing of two Offshore Support Vessels from Milaha Qatar- Commencement of 4 Long Term Contracts with Oil & Natural Gas Corporation for 4 Offshore vessels2019- Awarded the Total Ship Management of new building Coastal Research Vessels of the National Institute of Ocean Technology under the Ministry of Earth Science- Purchase of Platform Supply Vessel ABS Amelia- Award of Long-Term Contract for the supply of Platform Supply vessel for Oil & Natural Gas Corporation2020- Award of 7+2-year contract for new building and operating Two Nos of Harbour Crafts for Kamarajar Port Ltd- Award of Long-Term Contract for the supply of One Offshore support vessel for Oil & Natural Gas Corporation2021- Award of 7+2-year contract for new building and operating One Nos of Harbour Craft for Chennai Port Authority2022- Award of the Total Management Contract covering Running Manning Maintenance (including maintenance and operation of scientific equipment) Catering for the Crew and Scientists and Housekeeping of the Six Research Vessels of the Ministry of Earth Sciences [MoES] Govt. of India- Chartering in of one Platform Supply Vessel ERIN2023- Award of 5 Year Contract from Oil & Natural Gas Corporation for the supply and operation of one Platform Supply Vesel for supporting the operations of Floating Production Storage and Offloading Vessel (FPSO) for Cluster-II Development Project of NELP Block KG-DWN-98/2.- Successful conversion and delivery of the Multi-Purpose Offshore Supply Vessel to Oil & Natural Gas Corporation for supporting FPSO Armada Sterling - V for Cluster-II Development Project of NELP Block KG-DWN-98/2- Award of Long-Term Contract for the supply of One Offshore support vessel for Oil & Natural Gas Corporation