Article

Swan Defence and Heavy Industries Ltd has secured a $227 million contract to build six IMO Type II chemical tankers for Rederiet Stenersen AS, marking one of India's largest commercial shipbuilding deals. The vessels, designed by Marinform AS and StoGda Ship Design & Engineering, will feature dual-fuel LNG-ready hybrid propulsion systems and are set to be constructed at SDHI's Pipavav shipyard in Gujarat, with the first delivery expected within 33 months. The contract also includes an option for six additional sister vessels.