SDHI Secures $227 Million Order for Six Chemical Tankers from Rederiet Stenersen in Gujarat
NATURAL GAS
Swan Defence and Heavy Industries Limited (SDHI) has secured a $227 million contract with Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers at its Pipavav facility in Gujarat. This order, the largest of its kind awarded to an Indian shipyard, includes an option for six additional vessels and marks a significant advancement in India's commercial shipbuilding sector. The tankers are designed to meet the latest safety standards and will feature dual-fuel LNG-ready hybrid propulsion systems, with the first delivery expected within 33 months.

Jan 23, 2026, 11:35 PM