Business
Swan Defence and Heavy Industries Limited Secures Chemical Tanker Order from Europe's Rederiet Stenersen AS
Marking a major milestone, Swan Defence and Heavy Industries Limited (SDHI) announced the signing of its first newbuild contract for six (6) IMO Type II chemical tankers, each of 18,000 DWT, to be constructed at its revitalized shipyard in Gujarat, India.
About this update from Swan Defence And Heavy Industries Ltd
[{"type":"text","content":"MUMBAI, India, Jan. 26, 2026 /PRNewswire/ -- Marking a major milestone, Swan Defence and Heavy Industries Limited (SDHI) announced the signing of its first newbuild contract for six (6) IMO Type II chemical tankers, each of 18,000 DWT, to be constructed at its revitalized shipyard in Gujarat, India.","length":310,"tagName":"p"},{"type":"image","alt":"An aerial view of Swan Defence and Heavy Industries shipyard in Gujarat, India.","displaySize":"","headline":null,"caption":"An aerial view of Swan Defence and Heavy Industries shipyard in Gujarat, India.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":300,"url":"https://media.zenfs.com/en/prnewswire.com/86e9ff1bdf526ce9117f3a82d40add54"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/w6Io0NW9CJZw785ztFv_og--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyOTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/86e9ff1bdf526ce9117f3a82d40add54","width":400,"height":300}},"href":"https://mma.prnewswire.com/media/2869121/SDHI_Shipyard_Gujarat.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Valued at USD 227 million, the contract from leading European shipowner Rederiet Stenersen AS, the first and the largest chemical tanker order awarded to an Indian shipyard, reaffirming SDHI's capabilities in delivering complex, world-class commercial vessels.","length":274,"tagName":"p"},{"type":"text","content":"The agreement includes an option for an additional six sister vessels. The first vessel is scheduled for delivery within 33 months, with subsequent deliveries planned at regular intervals.","length":188,"tagName":"p"},{"type":"text","content":"The vessels will be designed by Marinform AS and StoGda Ship Design & Engineering and classed by DNV. Built to Ice Class 1A standards, the tankers will feature advanced dual-fuel LNG ready hybrid propulsion, enabling multiple operational modes supported by high levels of automation.","length":317,"tagName":"p"},{"type":"text","content":"Vivek Merchant, Director, SDHI, said, "This marks a historic milestone in the shipyard's new journey toward becoming a state-of-the-art shipbuilding hub. The order from Rederiet Stenersen AS underscores global confidence in our ability to deliver future-ready, high-quality vessels. This agreement is no...