Swan Defence and Heavy Industries Limited (SDHI) has signed a Letter of Intent with European shipowner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each with a capacity of 18,000 DWT. The agreement, valued at around USD 220 million, covers six vessels with an option for six more under the same class. The tankers will be built at SDHI’s shipyard in Pipavav, Gujarat, marking a key development in India’s shipbuilding export efforts.

#sdhi #rederietstenersen #chemicaltankers #shipbuilding #pipavav #maritimeexports #methanolconversion #hybridpropulsion

SDHI signs LoI with Rederiet Stenersen for six chemical tankers
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SDHI signs LoI with Rederiet Stenersen for six chemical tankers

The tankers will be built at SDHI’s shipyard in Pipavav, Gujarat, marking a key development in India’s shipbuilding export efforts.

India's maritime sector received a significant boost at the India Maritime Week 2025, with investment pledges up to ₹12 lakh crore (₹12 trillion), according to Union Minister Sarbananda Sonowal.

#indiamaritimeweek2025 #indiamaritimeweek #shipbuilding #supplychain #india #maritime

India Maritime Week secures ₹12 lakh cr investments; attracts 600 MoUs
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India Maritime Week secures ₹12 lakh cr investments; attracts 600 MoUs

The shipbuilding industry is allocated 20% of this capital. India aims to rank in the top five worldwide by 2047.

Prime Minister Narendra Modi is scheduled to visit Bhavnagar, Gujarat, on September 20, to inaugurate and lay the foundation stone for a series of transformative projects worth Rs 1.5 trillion (US $17,02,40,25,000.0.

#maritime #ports #shipbuilding #multimodallogisticspark #primeminister #narendramodi #gujarat

PM Modi to unveil major maritime and infra projects in Gujarat
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PM Modi to unveil major maritime and infra projects in Gujarat

The projects are a push for port infrastructure, shipbuilding, and coastal development across the country, aligning with the Maritime India Vision 2030.

The Maharashtra Maritime Summit 2025, hosted by the Maharashtra Maritime Board along with the Ministry of Fisheries and Ports, Government of Maharashtra on July 16, 2025, brought together government leaders, global maritime players and private sector stakeholders in Mumbai this week to chart a clear path for transforming the state into a competitive maritime hub.

#maharashtramaritimesummit2025 #ports #shipping #shipbuilding #watertransport #mumbai #governmentleaders #globalmaritimeplayers #logistics #supplychain

Maharashtra Maritime Summit 2025 sets focus on port-led development
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Maharashtra Maritime Summit 2025 sets focus on port-led development

The summit focused on global partnerships, skilled local workforces, new financing models and strong policy support.

Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a memorandum of understanding (MoU) with Wheel & Time Shipping Transport Logistics, a specialist in moving heavy and oversized cargo.

#swandefenceandheavyindustries #sdhi #wheelandtimeshippingtransportlogistics #india #shipbuilding #cargo #logistics

SDHI, Wheel & Time sign deal for F.A.S.T logistics ecosystem
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SDHI, Wheel & Time sign deal for F.A.S.T logistics ecosystem

Indian shipyard to offer an end-to-end ecosystem across fabrication, assembly, storage and transportation for 1st time.