ABS Marine Services Takes Delivery of Offshore Support Vessel “HADES” Strengthens Vessel Ownership Portfolio; Enhances Offshore Capabilities

Acquisition Highlights

• Vessel Name: HADES

• Type: Offshore Support Vessel (OSV)

• Year Built: 2009

• Gross Tonnage: ~1,737 Tons

• Source: International Market

• Strategic Purpose: Fleet expansion and offshore service enhancement 

Strategic Impact

The acquisition of Offshore Support Vessel “HADES” marks a strategic addition to ABS Marine’s owned fleet and strengthens its offshore service capabilities. This expansion is expected to enhance the Company’s operational efficiency by reducing reliance on third-party vessels and improving margin profile, while enabling participation in higher-value offshore assignments. The addition also provides greater control over service delivery and supports long-term revenue visibility through asset-backed operations. Overall, it positions the Company to capitalize on the growing demand in offshore and marine infrastructure segments, further reinforcing its competitive standing in the maritime sector.

Comment on Financial Performance Captain P.B. Narayanan, Managing Director of ABS Marine Limited said, “The acquisition of Offshore Support Vessel ‘HADES’ marks another important step in our journey of expanding our owned fleet and strengthening our offshore capabilities. This addition enhances our ability to cater to evolving client requirements across offshore and marine services. We remain committed to building a robust asset base that supports sustainable growth and reinforces our position in the maritime sector.

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