Swan Defence Secures Landmark Chemical Tanker Order

28 Jan 2026 CW Team

Swan Defence and Heavy Industries has signed its first newbuild contract for six IMO Type II chemical tankers, each with a deadweight tonnage of 18,000 DWT, to be built at its revitalised shipyard in Pipavav, Gujarat.

Valued at USD 227 million, the contract from European shipowner Rederiet Stenersen AS is among the largest single commercial shipbuilding orders placed with an Indian shipyard. It is also the first and largest chemical tanker order awarded to an Indian yard, underscoring Swan Defence’s growing capability to deliver complex, world-class commercial vessels.

The agreement includes an option for six additional sister vessels, which could significantly expand the overall order size. The first tanker is scheduled for delivery within 33 months, with subsequent vessels to be delivered at regular intervals. Each tanker will measure around 150 metres in length and approximately 23 metres in beam, in line with global standards for modern chemical tankers.

The vessels will be designed by Marinform AS in collaboration with StoGda Ship Design & Engineering and classified by DNV. Built to Ice Class 1A standards, the tankers will feature advanced dual-fuel LNG-ready hybrid propulsion systems, enabling multiple operational modes supported by high levels of automation. The project reflects rising global demand for environmentally efficient shipping solutions and strengthens India’s position in high-value commercial shipbuilding.

Infrastructure Urban

20 Mar 2026

Lemon Tree Hotels Signs Resort In Lonavala Maharashtra

Lemon Tree Hotels Limited (LTHL) has signed a licence agreement for Lemon Tree Resort in Lonavala, Maharashtra, with the asset to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of LTHL. The resort will offer 50 well appointed rooms and will include a restaurant, banquet, meeting room, swimming pool, spa and fitness centre. The company described the addition as part of its strategy to expand branded resort offerings in key getaway destinations. Lonavala, located in the Sahyadri hills, is a popular leisure destination in western India known for scenic landscapes and a ..

Kalai Chettinad Art And Architecture Festival At The Lotus Palace

The Lotus Palace Chettinad will host Kalai, the Chettinad Art and Architecture Festival, a four-day, three-night immersive celebration of the artistic legacy of Chettinad from three to six April 2026. The event has been organised by Apeejay Surrendra Park Hotels Limited (ASPHL) and will take place across restored heritage properties in Chettinad. It will be designed to offer guests a layered experience of place, structure and story that connects art, architecture and living traditions. The festival aims to present a confluence of global influences and local aesthetics. Kalai has been curated i..

SJVN Reaches One bn Units At 1,000 MW Bikaner Solar Project

SJVN Limited (SJVN) has reached a milestone with its 1,000 megawatt (MW) Bikaner Solar Power Project by generating one bn units of electricity on 20 March 2026. The achievement underscores the company's role in supplying clean and sustainable energy to the national grid. The generation milestone was recorded within months of the project commencing operations and highlights rapid performance from the new facility. The Bikaner project, located in Bikaner district of Rajasthan, has been developed and implemented by SJVN Green Energy Limited (SGEL) under the Central Public Sector Undertaking Schem..