Tema Shipyard and Drydock Limited (TSY) is recording a strong turnaround, with shipowners returning, revenues increasing, and operational performance improving under the leadership of Chief Executive Officer Alhaji Osman Sulemana.Sulemana, appointed by President John Dramani Mahama, has led efforts to reposition the shipyard through improved efficiency, stronger commercial focus, and enhanced service delivery
Within the past year, TSY has recorded more than 55 percent growth in revenue, driven by operational reforms and a renewed focus on client satisfaction. The shipyard, which previously struggled, is now attracting vessels from across the sub-region.Industry players say improved turnaround times, better technical execution, and changes in management approach are contributing to renewed confidence in the facility. A regional fleet operator noted that performance at the shipyard has improved significantly, citing efficiency, professionalism, and timely delivery as key factors influencing their decision to return.
