State-owned Shipping Corporation of India (SCI) has confirmed a deal to buy a platform supply ship (PSV) from domestic rival Greatship.

It said it has signed a memorandum of agreement for a second-hand vessel of about 3,000 tons, with DP2 capabilities.

Last week, Greatship’s parent, Great Eastern Shipping, said it had sold the 3,674-dwt Greatship Ragini (built 2013).

It added that the ship will be delivered to its new owner in the second or third quarter of its 2017 financial year.

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