India’s Swan Defence and Heavy Industries Limited (SDHI) has secured a contract to construct four ammonia dual-fuel bulk carriers – the country’s first such shipbuilding order.
The 92,500 DWT vessels will be built for Energy ONE Limited at SDHI’s Pipavav shipyard in Gujarat, the company said Tuesday.
The contract, classified as a high-value category 4 order, is estimated to be worth between INR 15 billion and INR 30 billion ($160–332 million).
The vessels will be designed by South Korea-based KMS-EMEC and classed by DNV, the Norway-based classification society.
The first vessel is scheduled for delivery in October 2029, with subsequent units to follow at four-month intervals.
“Winning this project is an important step forward for us. It reflects the confidence global stakeholders are placing in Indian shipbuilding, and in the capabilities we have developed at Pipavav,” said Vivek Merchant, Director of SDHI.
