SDHI to Build Six Tankers for Norway’s Stenersen

12 Nov 2025 CW Team

Swan Defence and Heavy Industries (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a Letter of Intent (LoI) with Norwegian ship owner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each with a capacity of 18,000 DWT.

Valued at approximately $220 million, the LoI represents a landmark achievement for India’s shipbuilding exports, with an option to build an additional six vessels under the same class. The ships will be built at SDHI’s state-of-the-art shipyard in Pipavav, Gujarat, designed by Marinform AS, Norway, and classed by DNV.

Each vessel will be constructed to Ice Class 1A standards and equipped with an advanced hybrid propulsion system, enabling superior manoeuvrability, reduced emissions, and enhanced operational efficiency. The future-ready design allows for conversion to methanol or LNG fuel, with the flexibility to upgrade battery capacity up to 5,000 kWh, ensuring adaptability for evolving green technologies and alternative fuels.

Commenting on the development, Vivek Merchant, Director, SDHI, said, “This partnership marks a defining moment for SDHI and Indian shipbuilding—our first major export of advanced chemical tankers to Norway. The confidence placed in us by Rederiet Stenersen AS underscores India’s growing capabilities in constructing world-class, sustainable vessels.”

The LoI signing ceremony was attended by Vivek Merchant, Rear Admiral Vipin Kumar Saxena (Retd.), CEO of SDHI, and Sigve Stenersen and John Stenersen representing Rederiet Stenersen AS. Detailed commercial terms and delivery timelines will be finalized in the subsequent shipbuilding contract.

Established in 1974, Rederiet Stenersen AS operates a fleet of 19 chemical/product tankers ranging from 16,000 to 19,000 DWT, primarily serving Northern European routes. The company is recognized for its strong commitment to vessel quality, safety, and environmental compliance.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..