Hindustan Shipyard Limited signs MoU with Defence Ministry

Visakhapatnam: Hindustan Shipyard Limited (HSL) signed an MoU contract worth Rs 2,000 crore with the Ministry of Defence (Indian Navy) for the construction of two diving support vessels.

Rear Admiral LV Sarat Babu, Chairman and Managing Director of HSL, stated that the yard won the bid in a competitive tender involving PSUs and private sector shipyards. The contract signing ceremony was held at MoD, Delhi on Thursday with representatives from MoD, Navy and HSL.

Float out of six 10T Bollard Pull Tugs for Indian Navy:
Meanwhile, the HSL created a history of sorts with simultaneous floating of six 10-Ton Bollard Pull Tugs on Thursday, being constructed for Indian Navy in the presence of CMD Rear Admiral LV Sarat Babu.

At another function a 50-Ton Bollard Pull Tug, Krittika, built by HSL was handed over to Deputy Chairman of Deendayal Port Trust on Thursday at Kandla, Gujarat, in the presence of port and HSL officials. This is the second vessel which is being delivered in the present fiscal by HSL. 

The tug has been designed and built by HSL and is capable of developing a 50 Ton Bollard Pull and can achieve speed of 12 knots. The tug is equipped with the state-of- the-art external firefighting equipment. During trials, she has proved her ability to face rough seas. The tug in its maiden voyage to Kandla has undertaken a nonstop 2,200 nautical mile run.