StockWatch
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Ship Building & Allied Services
Deals6 Aug 2026, 07:59 am

Swan Defence Wins Svitzer Order for Four Advanced Tugs

AI Summary

Swan Defence and Heavy Industries Limited (SDHI) has secured a significant contract from Denmark-based towage operator Svitzer A/S to build four advanced TRAnsverse 3200 tugs. These high-specification vessels, co-developed by Robert Allan Ltd. and Svitzer, are designed for complex harbour towage and escort operations, featuring a unique hull design and omni-directional propulsion for enhanced safety and efficiency. The tugs will be biofuel-ready, meet IMO Tier III emissions standards, and be FiFi1 firefighting class ready, aligning with global decarbonization goals. Deliveries are slated to begin in early 2028. This order, which follows a competitive global evaluation, underscores SDHI's engineering capabilities and strengthens India's position in the global shipbuilding market. It also aligns with India's 'Make in India' and 'Atmanirbhar Bharat' initiatives.

Key Highlights

  • SDHI secures contract to build four advanced TRAnsverse 3200 tugs for Svitzer.
  • Vessels feature fuel-efficient design, supporting maritime decarbonization goals.
  • Deliveries scheduled to commence in early 2028.
  • Order highlights SDHI's engineering strength in niche, high-specification vessels.
  • Contract reinforces India's global competitiveness in shipbuilding.