Hindustan Shipyard LTD. Bags Orders for ten bulk Carriers

Hindustan Shipyard Limited (HSL), Visakhapatnam has received orders for ten bulk carriers comprising four 30,000 DWT bulk carriers and six 53,000 DWT bulk carriers. The shipyard is eligible for and getting subsidy for the above vessels as per the Government of India subsidy scheme. Rehabilitation-cum-Financial Restructuring plan covering all aspects of revival of HSL, is under process.

This information was given by the Minister of Shipping, Road Transport and Highways, Shri T.R. Baalu in a written reply in the Rajya Sabha today.

Source : Press Information Bureau

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