Archive · 26 Jan 2026
Swan Defence Secures $227M Chemical Tanker Order
Swan Defence and Heavy Industries Limited (SDHI) has signed a big deal to build six chemical tanker ships for a European company called Rederiet Stenersen AS.
This is a very important deal worth $227 million.
The ships will be built in India and are special because they can use different types of fuel and are made to handle cold weather.
The first ship will be ready in about 2.5 years.
This is a big achievement for SDHI and shows that Indian shipyards can build high-quality ships that meet global standards.
Both companies are happy about this partnership and see it as a step forward in shipbuilding.
Swan Defence and Heavy Industries Limited (SDHI) secured a $227 million contract to build 6 chemical tankers for Rederiet Stenersen AS, with an option for 6 more.
The vessels will be constructed at SDHI's revitalized shipyard in Gujarat, India, with the first delivery scheduled in 33 months.
The 18,000 DWT tankers will feature advanced dual-fuel LNG ready hybrid propulsion and high levels of automation, designed by Marinform AS and StoGda Ship Design & Engineering, and classed by DNV.
This is the first newbuild order for SDHI under its new management and the largest chemical tanker order awarded to an Indian shipyard.
The contract highlights global confidence in India's growing commercial shipbuilding ecosystem and SDHI's capabilities in delivering future-ready, high-quality vessels.
- Who
- Swan Defence and Heavy Industries Limited (SDHI) and Rederiet Stenersen AS
- What
- SDHI secured a contract to build 6 chemical tankers with an option for 6 more
- When
- Contract signed on January 26, first delivery in 33 months
- Where
- Vessels to be constructed at SDHI's shipyard in Gujarat, India
- Why
- To expand SDHI's capabilities and meet Rederiet Stenersen AS's global standards
- Company
- Swan Defence and Heavy Industries Limited (SDHI)
- Client
- Rederiet Stenersen AS
- Contract Value
- USD 227 million
- Vessel Type
- IMO Type II chemical tankers
- Vessel Size
- 18,000 DWT each
- Number of Vessels
- 6 (with option for 6 more)
- Delivery Schedule
- First vessel in 33 months, others at regular intervals
- Designers
- Marinform AS and StoGda Ship Design & Engineering
- Classification Society
- DNV
- Ice Class
- 1A
- Propulsion
- Dual-fuel LNG ready hybrid with high automation