HSL bags 2 global ports & shipping awards from ‘World Logistics & Supply Chain Congress’

New Delhi: The Defence PSU, Hindustan Shipyard Limited (HSL) has yet again conferred with another awards in the category of ‘Ship Repair Facility of the Year’ and ‘Best Practices Award’ from ‘World Logistics and Supply Chain Congress’ during the award felicitation ceremony held at Mumbai on Saturday. The ‘World Logistics and Supply Chain Congress’ presents global Awards in Ports & Shipping categories and brings to the forefront individuals, organisations and projects that have created excellence in the domain of logistics.

HSL’s GM (Ship Repairs) N Apparao has 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 the FY 2021-22, HSL has 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 percent of revenue of the shipyard and has achieved a turnover of Rs 200 crore during FY 2020-21 which is the highest since inception of the unit. With HSL’s proven expertise in carrying out intricate repair of over 2000 naval and merchant ships, the shipyard truly has become major ship repairs hub on the Eastern Sea Board of India.

HSL’s GM (Commercial) DV Subba Rao has 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.

Disclaimer: This story is a press release and is being published without any editing by the PSU Watch desk.

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