HomeShipping & LogisticsHSL bags two coveted awards

HSL bags two coveted awards

Published on

Hindustan Shipyard Ltd (HSL), was awarded the ‘Ship Repair Facility of the Year’ and ‘Best Practices Award’ from the ‘World Logistics and Supply Chain Congress’. The ‘World Logistics and Supply Chain Congress’ presents global Awards in Ports & Shipping categories and brings to the forefront individuals, organizations and projects that have created excellence in the domain of logistics.

Mr.  N Apparao, GM (Ship Repairs), HSL received the Award for ‘Best Ship Repair Facility of the Year’ for leading the Ship Repairs Unit in achieving excellent performance in the past few years. During FY 2021-22, HSL completed refits of 17 Ships for various customers out of which 15 were on or ahead of schedule.

This also includes repairs of two foreign commercial vessels for USA and Australian firms. The Ship Repairs Unit contributes more than 35% of revenue of the Shipyard and has achieved a Turnover of Rs 200 Cr during FY 2020-21 which is the highest since inception of the Unit.

Similarly Mr. DV Subba Rao, GM (Commercial), HSL received the ‘Best Practices Award’ for playing a key role in various major policy refinements which have been undertaken in HSL towards simplification of business processes like revision of Materials Manual to ensure effective procurement structure to meet the production schedules, implementing different procurement strategies for different products, enhancing Rate Contracts, resorting to Large Scale Outsourcing, enhancement of vendor base by conducting regular vendor meets for enhancing ease of doing business with HSL.

spot_img

Latest articles

HSL to indigenously develop Ship Navigation, Electronics system

Hindustan Shipyard Limited (HSL) and Cyient DLM have signed a strategic Memorandum of Understanding...

Day 1 of CII summit fetches AP Rs 5.84 lakh cr in Investment Proposals

The first day of the 31st CII Partnership Summit 2026 in Visakhapatnam turned out...

Foreign delegates to savour Andhra’s culinary heritage at The Park

Before global investors and industry leaders gather in Visakhapatnam to discuss business and investment,...

GRSE & GSL bag contracts for 8 NGCs for Navy worth Rs 53,866 crs

The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach...