Thursday, December 24, 2009

Transfer of Hindustan Shipyard Limited (HSL), Visakhapatnam to Ministry of Defence and setting up of a new shipyard of international standards by Ministry of Shipping.
  

The Government has approved transfer of Hindustan Shipyard Limited (HSL), Visakhapatnam from Ministry of Defence (MoS) to Ministry of Defence (MoD) for meeting the national security requirements of building strategic vessels for Indian Navy. For meeting the merchant shipping requirements of shipbuilding and ship repair, Government has given ‘ in principle’ approval to Ministry of Shipping for setting up of a new shipyard of international standard.

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