Professional Documents
Culture Documents
Corporate Presentation
September 2016
Strictly confidential
Disclaimer
Certain statements in these slides are forward-looking statements. These
statements are based on managements current expectations and are subject
to uncertainty and changes in circumstances. Actual results may differ
materially from those included in these statements due to a variety of factors
All financial and other information in these slides, other than financial and
other information for specific subsidiaries where specifically mentioned, is on
an unconsolidated basis for ABG Shipyard Ltd. Please also refer to the
statement of financial results required by Indian regulations that has been filed
with the stock exchanges in India
Contents
Sections
Sector highlights
4
10
Appendices
A
Finished Vessels
27
Unfinished Vessels
37
Company overview
Certifications
Surat
Dahej
Total
Offshore
47
10
57
Tug
15
15
Barge
27
29
Defence
21
23
Bulker
32
35
10
10
152
17
169
Total
Source Company
Demonstrated capability to
consistently deliver over 15
vessels a year for 3
consecutive years
First interceptor vessel
delivered to the Indian
Coast Guard (from
Surat yard)
Large orders led by
Essar Steel and
Vikram Shipping
13
Commissioning
of the Dahej
facility
First International
delivery made (Abu
Dhabi)
14
10
17
6
15
1
5
11
3
14
16
13
3
3
0
1
3
First Oceanographic
Research Vessel
(ORV) delivered
FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 FY99 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16
Source Company
Surat
Dahej
2 169
1
Investment highlights
Only available asset to participate in the Indian Naval and shipbuilding opportunity
Highlights of ABG Shipyard
1
Large private
shipbuilder
Defence manufacturing
license
Strong operational
capabilities
Delivered 57 offshore
vessels till date
Over 25 years of
experience
Capability to build a wide
variety of vessel types
The opportunity
Development of coastal
shipping industry as well as
inland waterways
Make in India
1. Sector highlights
1. Sector highlights
6
5
4
3
1
Strategic
partnership
model
100% FDI
permitted
Infrastructure
status
Duty
exemption
59.7x
4
2
22.9x
FY14
favour private
Initiatives Government
Initiatives shipyards
18.7x
5.3x
MDSL
GRS&E
GSL
HSL
Order backlog at Public sector shipyards combined with supportive Government initiatives
offers a rare opportunity for very selected, qualified Indian private shipyards to execute orders
for the Indian Navy
1. Sector highlights
6 diesel electric
submarines
6 nuclear
4 landing platform
docks
submarines
Anti-submarine warfare
8 mine counter
measure vessels
16 shallow-water
anti-submarine
warfare vessels
1. Sector highlights
22.9x
18.7x
59.7x
5.3x
12,769
5,289
4,639
557
Mazagon Dock Ltd
248
Garden Reach Shipbuilders &
Engineers
Revenue (FY2015, US$m)
89
Goa Shipyard Limited
Order Book Size (US$m)
43
231
1. Sector highlights
Domestic drivers
Expected to increase global fleet ownership with Emerging Markets leading the deliveries
Indias strategic position on Eastbound and Westbound international trade routes and a 7,500 km long coastline with several naturally
protected all-weather ports offers an advantage to the Indian ship repair industry
1. Sector highlights
Source Press Information Bureau (Government of India), Ministry of Shipping, Ministry of Commerce and Industry, Ministry of Defence
Infrastructure status
For both
Shipyards undertaking shipbuilding
and ship repair to be provided
Infrastructure status
Enables shipyards to avail
favourable financing terms on long
term project loans and income tax
benefits such as tax holiday
Type of Vessel
Total
23
Bulker
15
13
Jack Up Rigs
Seismic
2
2002 2010 2011 2012 2013 2016 Total
Source Company
Interceptor Boats
Pollution Control
48
Total
Source Company
Surat
Water Barges
Inventory of 48 unfinished
vessels potentially worth c.
US$1.3bn
Commissioning
Commissioned in 2008
Commissioned in 1989
3 jetties
17
152
Area
Capacity
Capabilities
Surat
12
Source Company
Notes
1
71 acres leased from Gujarat Maritime Board; c. 93% of this land is on a 30 year lease (excluding 3 years construction period) beginning May 2006
2
67 acres is leased from Gujarat Industrial Development Corporation (GIDC); all GIDC plots are on a 99 year lease
Painting in a controlled
environment preserving
Mechanized ship
transfer system one of
In-house design
infrastructure for
production designs
Note
1
Post block formation
13
processes
Residential
accommodation for up
to 4,000 workers
Fabrication
Jetty
Plate yard
Ship Lift
Warehouse
Slip way
Pipe shop
Admin Building
Source Company
14
Assembly area
Assembly Area
Source Company
15
Outfitting
Source Company
16
Power supply
Capacity to build 13
supplying vessels to
international buyers
vessels
simultaneously1
Note
1
Post block formation
17
Contractor base of
over 300 for hull work,
engineering and outfitting
Adequate supply of
labour in Surat itself
Record delivery of
Oceanographic
research vessel capable
of conducting research at a
depth of 10,000m
Road connectivity
through national highway
from Mumbai, Ahmedabad
and Delhi; rail
connectivity through
Mumbai Delhi Trunk road
Fabrication Sheds
Storage Sheds
Admin Building
Fabrication/ Plasma
Cutting Machine
Dry Dock
Ship Berths
Ship Lift
Jetty
Jetty
Source Company
18
Assembly Area
Source Company
19
Outfitting
Power supply
Image
Source Company
20
Vessel type
Built to date
Interceptor boats
Built to date
Water barges
2
13
2
2012
Total
5
4
1
2
2010
Source Company
2011
Source Company
2016
Total
2016
1
1
2011
Source Company
Note
Years indicated for delivery are financial years (1 April to 31 March)
21
2013
Source Company
2.6 Certifications
The manufacturing processes in the shipyards are in line with world class standards and the yards
have been certified by
Source Company
22
Both Dahej and Surat, have received a manufacturing license from Department of Industrial Policy &
Promotion (DIPP, Ministry of Commerce & Industry, Government of India) on 20th May, 2011 to design
and construct vessels for the Navy and offer supporting equipment
Dahej and Surat shipyards are licensed to build the following vessels:
Item to manufacture
Naval Warships and Naval Support ships
23
6
6
3
2
Offshore
Vessel types
Multipurpose vessel
Maintenance vessel
Delivered to date
Select customers
24
57
33
0
1991-00 2001-2010 2011-16
Total
DESS Cyprus
Source Company
Tugs
25-50T tugs
7
15
0
1991-00 2001-2010 2011-16
Source Company
Note
Years indicated for delivery are financial years (1 April to 31 March)
24
Total
Vikram Shipping
Category
Barges
Vessel types
Split barge
Dumb barge
Rock carrying barge
Crane barge
Mooring barge
Split barge
Articouple barge
Dump barge
Delivered to date
18
Select customers
29
Vikram Shipping
10
Total
Source Company
Defence
Interceptor boat
15
23
0
1991-00 2001-2010 2011-16
Source Company
Note
Years indicated for delivery are financial years (1 April to 31 March)
25
Total
Bulker
Vessel types
Bulk carrier
Cement carrier
Newsprint carrier
Delivered to date
Select customers
4
35
27
Total
Source Company
Passenger vessel
10
National Institute of
Oceanography (NIO)
1991-00 2001-2010 2011-16
Source Company
Note
Years indicated for delivery are financial years (1 April to 31 March)
26
Total
A.1 Offshore
S.no.
1
Delivery Date
Oct-02
Vessel
60.8M ANCHOR HANDLING TUG SUPPLY VESSEL
Client
HALUL OFFSHORE CO. DOHA
Yard
Surat
Dec-02
Surat
Apr-03
Surat
Jul-03
Surat
Jul-03
Surat
Nov-03
Surat
Nov-03
Surat
May-04
Surat
May-04
Surat
10
Jan-05
Surat
11
Jan-05
Surat
12
Apr-05
Surat
13
Jul-05
Surat
14
Aug-05
Surat
15
Jul-06
Surat
16
Feb-07
Surat
17
Feb-07
Surat
18
Aug-07
Surat
19
Aug-07
Surat
20
Aug-07
Surat
21
Dec-07
Surat
22
Feb-08
Surat
23
May-08
Surat
24
Jun-08
Surat
25
Jun-08
Surat
26
Aug-08
Surat
Source Company
28
A.1 Offshore
S.no.
27
Delivery Date
Dec-08
Vessel
53 M 90 T BOLLARD PULL AHT
Client
LAMNALCO GROUP, SHARJAH
Yard
Surat
28
Mar-09
80T BP AHTS
Dahej
29
May-09
Surat
30
Jul-09
Surat
31
Aug-09
Dahej
32
Oct-09
Surat
33
Mar-10
Dahej
34
Apr-10
Dahej
35
May-10
Surat
36
Jun-10
Surat
37
Jul-10
Surat
38
Sep-10
Dahej
39
Nov-10
Surat
40
Jan-11
Surat
41
Feb-11
Surat
42
Mar-11
Surat
43
Mar-11
Dahej
44
Jun-11
Surat
45
Jul-11
Surat
46
Aug-11
Dahej
47
Sep-11
Surat
48
Dec-11
Surat
49
Dec-11
Surat
50
Dec-11
Surat
51
Mar-12
Surat
52
Jul-12
Dahej
Source Company
29
A.1 Offshore
S.no.
53
Delivery Date
Jul-12
Vessel
82T BP AHTS / OSRV
Client
VARADA MARINE PTE. LTD. / SEABIRD SHIPPING LTD.
Yard
Dahej
54
Sep-12
Surat
55
Aug-13
Dahej
56
Oct-13
130T BP AHTS
Surat
57
Mar-14
Surat
Source Company
30
A.2 Tugs
S.no.
1
Delivery Date
Apr-96
Vessel
25T BP TUG
Client
ESSAR STEEL, GUJARAT INDIA
Yard
Surat
Apr-96
25T BP TUG
Surat
Jul-96
25T BP TUG
Surat
Nov-96
26T BP TUG
Surat
Dec-96
25T BP TUG
Surat
Mar-97
25T BP TUG
Surat
Feb-99
Surat
May-99
Surat
Jan-02
Surat
10
Mar-02
Surat
11
Jun-02
Surat
12
Feb-04
Surat
13
Jun-06
GLOBECO, ITALY
Surat
14
Feb-07
ESSAR SHIPPING
Surat
15
Dec-07
ESSAR SHIPPING
Surat
Source Company
31
A.3 Barges
S.no.
1
Delivery Date
Oct-93
Vessel
BARGE
Client
ESSAR GUJARAT, GUJARAT INDIA
Yard
Surat
Jun-94
BARGE
Surat
Nov-96
BARGE
Surat
Nov-96
BARGE
Surat
Mar-97
BARGE
Surat
Mar-97
BARGE
Surat
Mar-99
DUMB BARGE
Surat
Mar-99
DUMB BARGE
Surat
Dec-99
DUMB BARGE
Surat
10
Dec-99
DUMB BARGE
Surat
11
Sep-00
DUMB BARGE
Surat
12
Nov-00
DUMB BARGE
Surat
13
Dec-00
L&T HOCHTIEF
Surat
14
Dec-00
L&T HOCHTIEF
Surat
15
Jan-01
L&T HOCHTIEF
Surat
16
Jan-01
L&T HOCHTIEF
Surat
17
Jan-01
CRANE BARGE
L&T HOCHTIEF
Surat
18
Feb-01
CRANE BARGE
L&T HOCHTIEF
Surat
19
Feb-01
MOORING BARGE
L&T HOCHTIEF
Surat
20
Feb-01
MOORING BARGE
L&T HOCHTIEF
Surat
21
Feb-01
L&T HOCHTIEF
Surat
22
Mar-01
L&T HOCHTIEF
Surat
23
Mar-01
L&T HOCHTIEF
Surat
24
Jun-05
ARTICOUPLE BARGES
ESSAR SHIPPING
Surat
25
Oct-05
ARTICOUPLE BARGES
ESSAR SHIPPING
Surat
26
Dec-09
Surat
27
Jan-10
Dahej
28
Jan-10
Dahej
29
Feb-13
DUMP BARGE
Surat
Source Company
32
A.4 Defence
S.no.
1
Delivery Date
Jan-02
Vessel
INTERCEPTOR BOAT
Client
INDIAN COAST GUARD
Yard
Surat
Jan-02
INTERCEPTOR BOAT
Surat
Apr-09
INDIAN NAVY
Surat
May-09
INTERCEPTOR BOAT
Surat
Aug-09
INTERCEPTOR BOAT
Surat
Nov-09
INTERCEPTOR BOAT
Surat
Jan-10
INTERCEPTOR BOAT
Surat
Jan-10
INDIAN NAVY
Surat
Apr-10
INTERCEPTOR BOAT
Surat
10
Sep-10
INTERCEPTOR BOAT
Surat
11
Sep-10
Surat
12
Oct-10
INDIAN NAVY
Surat
13
Nov-10
INTERCEPTOR BOAT
Surat
14
Jan-11
INTERCEPTOR BOAT
Surat
15
Mar-11
INTERCEPTOR BOAT
Surat
16
May-11
INTERCEPTOR BOAT
Surat
17
May-11
INDIAN NAVY
Surat
18
Sep-11
INDIAN NAVY
Surat
19
Oct-11
INTERCEPTOR BOAT
Surat
20
Jul-12
Surat
21
Apr-15
INDIAN NAVY
Dahej
22
May-15
INDIAN NAVY
Dahej
23
Dec-15
Surat
Source Company
33
A.5 Bulkers
S.no.
1
Delivery Date
Nov-90
Vessel
BULK CARRIER
Client
ESSAR SHIPPINGBOMBAY, INDIA
Yard
Surat
Feb-91
BULK CARRIER
Surat
Jun-91
BULK CARRIER
Surat
Jul-91
BULK CARRIER
Surat
Sep-91
BULK CARRIER
Surat
Dec-91
BULK CARRIER
Surat
Apr-92
BULK CARRIER
Surat
May-92
BULK CARRIER
Surat
Jul-92
BULK CARRIER
Surat
10
Sep-92
BULK CARRIER
Surat
11
Jan-93
BULK CARRIER
Surat
12
Sep-93
CEMENT CARRIER
Surat
13
Oct-93
BULK CARRIER
Surat
14
Jan-94
CEMENT CARRIER
Surat
15
Apr-94
CEMENT CARRIER
Surat
16
Sep-94
BULK CARRIER
Surat
17
Oct-94
BULK CARRIER
Surat
18
Jan-95
BULK CARRIER
Surat
19
Mar-95
BULK CARRIER
Surat
20
Apr-95
BULK CARRIER
Surat
21
Jun-96
BULK CARRIER
Surat
22
Jan-97
CEMENT CARRIER
Surat
23
Feb-97
CEMENT CARRIER
Surat
24
Mar-97
BULK CARRIER
Surat
25
Nov-98
NEWSPRINT CARRIER
Surat
26
Jan-99
BULK CARRIER
Surat
Source Company
34
A.5 Bulkers
S.no.
27
Delivery Date
Sep-99
Vessel
NEWSPRINT CARRIER
Client
LYS-LINE OSLO, NORWAY
Yard
Surat
28
Jul-00
NEWSPRINT CARRIER
Surat
29
May-02
Surat
30
Nov-02
Surat
31
Feb-10
Surat
32
Jun-11
Dahej
33
Aug-11
Surat
34
Mar-12
Dahej
35
Jan-13
Dahej
Source Company
35
S.no.
1
Delivery Date
Mar-94
Vessel
FLOATING CRANE
Client
ESSAR STEEL, GUJARAT INDIA
Yard
Surat
Aug-95
FLOATING CRANE
Surat
Nov-95
FLOATING CRANE
Surat
MAY02
Surat
APR03
Surat
MAY03
Surat
SEPT03
Surat
NOV03
Surat
NOV11
Surat
10
NOV13
Surat
Source Company
36
Surat
Sr. No.
Type
Sr. No.
Type
10
10
11
11
12
12
13
13
14
14
15
15
16
16
17
17
JACK-UP RIG
18
18
JACK-UP RIG
19
19
JACK-UP RIG
20
20
JACK-UP RIG
21
22
23
24
25
26
27
28
SEISMIC
Source Company
38