Swan Defence And Heavy Industries Ltd Inks Exclusive Deal With Europe's Offshore Oil And Gas Vessel Leader Royal IHC

Swan Defence and Heavy Industries Limited (SDH), India’s largest shipbuilding and heavy fabrication company, has signed an exclusive Memorandum of Understanding (MoU) with European offshore oil & gas vessel leader Royal IHC. The partners will combine their expertise, infrastructure, and geographical advantages to design, build, and retrofit offshore oil and gas and other types of vessels. The MoU was signed along with Alar Infrastructure, the Indian representative of Royal IHC. The collaboration will explore opportunities to build Offshore Construction Vessels, Pipe Laying Vessels, and Multi-Purpose Offshore Support Vessels at SDHI’s shipyard in Pipavav Port, Gujarat. The partnership will reinforce the Government of India’s Make in India and Atmanirbhar Bharat initiatives by advancing indigenous shipbuilding and enhancing cost competitiveness. The collaboration brings together the world’s leading offshore oil and gas vessel company and India’s largest shipyard to provide integrated, cost-competitive solutions for offshore and other specialized vessels. Leveraging IHC’s expertise in design, engineering, equipment, and project management, alongside SDHIl’s advanced shipbuilding infrastructure, skilled workforce, and resources. The partnership will strengthen indigenous capabilities and position India as a competitive player in the global shipbuilding industry.