The operations and accomplishments of Inter Ocean Ship Repair LLC (IOSR) and its group of companies have developed with the vision, management capabilities, entrepreneurship and professional excellence of its chairman – Ved S Chhabra whose profile matches a story of success and dedicated professionalism. He has received recognition on an international level – commencing from India to Middle East and beyond.

Ved S. Chhabra has been honored and recognized for his achievements by many institutions, authorities and media channels of repute. Some of the honors and recognitions conferred on him are:

1. In 1976 he was the first private shipbuilder to build and export the first sea-going vessel built by his shipyard in India.
2. In 2007, awarded: The Life Time Achievement Award in Dubai-UAE for his contribution to the maritime industry.
3. In 2010, conferred: The DMET Alumni-UAE Business Leader Award.
4. In 2014, Forbes Middle East has awarded him as one of the top Indian business leaders in the Arab world.
5. In 2014, conferred Asian Leadership Award in Dubai-UAE.
6. In 2015, conferred with Entrepreneurship Award by Enterprise Asia amongst business leaders in Asian countries in Dubai-UAE.
7. In 2015, Forbes Middle East has conferred him as Forbes Top Indian Leaders In The Arab World.
8. In 2016, Forbes Middle East has awarded him among the Top Indian Leaders In The Arab World.