New Launch7 April 2026 at 12:31 pm
Swan Defence And Heavy Industries Ltd Receives Order for Four 92,500 DWT Dual-Fuel Ammonia Bulk Carriers from Energy ONE Limited
AI Summary
Swan Defence And Heavy Industries Ltd has announced that it has received a new order from Energy ONE Limited, an international entity, for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers. These will be the first ammonia dual-fuel ships built in India and are among the largest commercial vessels ever to be built at an Indian shipyard. The execution timeline stipulates that the first vessel is expected to be delivered in October 2029, with subsequent deliveries as scheduled. The contract does not fall under related party transactions and neither the promoter, promoter group, nor any of the group companies have any interest in Energy ONE Limited.
Key Highlights
- Swan Defence And Heavy Industries Ltd received a new order from Energy ONE Limited for the construction of four 92,500 DWT dual-fuel ammonia bulk carriers.
- These will be the first ammonia dual-fuel ships built in India and among the largest commercial vessels ever built at an Indian shipyard.
- The first vessel is expected to be delivered in October 2029 with subsequent deliveries as scheduled.
- The contract does not fall under related party transactions.
- Neither the promoter, promoter group, nor any of the group companies have any interest in Energy ONE Limited.