Hindustan Shipyard Limited Advances 60-Ton Bollard Pull Tug Construction

Hindustan Shipyard Limited Advances 60-Ton Bollard Pull Tug Construction

Hindustan Shipyard Limited (HSL) has marked significant progress in its 60-ton Bollard Pull Tug program for the Visakhapatnam Port Authority. Key milestones include the keel laying of the first tug and a contract for a second vessel, underscoring the collaboration aimed at modernizing VPA’s fleet in line with India’s Maritime Vision 2030.

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Hindustan Shipyard Ltd records highest ever pre-tax sales of Rs 1,597 crore

Hindustan Shipyard Ltd achieves record pre-tax sales of Rs 1,597 crore

HSL, a dynamic DPSU, saw a total revenue of Rs 478 crore in 2021 with a loss of Rs 14 crore. The company’s transformation has been significant, focusing on infrastructure modernization, corporate governance, and ship repairs. A contract with L&T Geostructure aims to enhance capacity for future projects, emphasizing PPP initiatives for revenue generation.

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