IPO Details

About Company

Established in October 1992, ABS Marine Services Limited oversees offshore vessels and possesses a fleet of five vessels as of December 31, 2023. This fleet comprises two contemporary offshore vessels serving the oil and gas industry and three harbor vessels catering to the Indian port sector. The company operates through four distinct divisions: Ship Ownership, Ship Management, Marine Services, and Port Services. As of December 31, 2023, the company manages a total of 12 vessels for various entities including governmental bodies, public and private enterprises, and port authorities. Additionally, it offers crew management services for 24 vessels spanning oil tankers, gas carriers, bulk carriers, passenger ships, and high-speed vessels. ABS Marine Services Limited possesses a fleet of chartered, managed, and manned vessels equipped with advanced features such as DP-2 multipurpose offshore supply vessels, anchor handling supply vessels, marine research vessels, coastal research vessels, oceanographic fisheries research vessels, bulk carriers, gas tankers, oil tankers, passenger vessels, high-speed craft, and harbor vessels. With offices in Mumbai and Chennai, India's major cities, alongside a branch in Cochin and a satellite office in Kakinada, the company operates efficiently. Furthermore, it is supported by over 40 in-house professionals as of December 31, 2023, aiding in its operations.