New Launch23 Jan 2026, 08:06 am
Swan Defence And Heavy Industries Ltd Wins India's First Chemical Tanker Order; Largest Commercial Shipbuilding Deal for the Nation
AI Summary
Swan Defence And Heavy Industries Ltd (SDHI) has secured a contract valued at USD 227 million for six 18,000 DWT IMO Type II chemical tankers from Rederiet Stenersen AS. This is one of India's largest single commercial shipbuilding orders and the first chemical tanker order placed with an Indian shipyard. The contract also includes an option for six additional vessels. The first vessel is scheduled for delivery within 33 months. This order is a significant achievement for SDHI and a strong endorsement of India's growing commercial shipbuilding ecosystem.
Key Highlights
- SDHI has won a contract worth USD 227 million for six 18,000 DWT IMO Type II chemical tankers from Rederiet Stenersen AS.
- This is one of India's largest single commercial shipbuilding orders and the first chemical tanker order placed with an Indian shipyard.
- The contract includes an option for six additional vessels.
- The first vessel is scheduled for delivery within 33 months.
- This order is a significant achievement for SDHI and a strong endorsement of India's growing commercial shipbuilding ecosystem.