Swan Defence To Complete Five Offshore Support Vessels

04 Mar 2026 CW Team

The project is expected to strengthen Indian flagged tonnage and offshore capability and to create maritime jobs while reinforcing the Government of India's vision of advancing indigenous self-reliant shipbuilding through targeted financial assistance and incentive schemes. It will also provide support to local vendors and service providers across the shipbuilding ecosystem.

The hulls were acquired by the company as part of the acquisition of Pipavav Shipyard through the National Company Law Tribunal process and were subsequently transferred to San Maritime. Construction of the vessels began under the previous regime and the revived shipyard is now completing them to demonstrate operational readiness and executional capability under new management.

Located on the west coast, the Pipavav shipyard offers the country's largest dry dock at 662 m by 65 m and a wet basin of 340 m by 60 m, together with a one point two km dedicated waterfront for berthing, docking and launching. These facilities support large scale fabrication and complex vessel integration at the yard.

Swan Defence and Heavy Industries Limited, formerly known as Reliance Naval and Engineering Limited, operates a fabrication capacity of 164,000 tonne (t) per annum and retains significant heavy fabrication capability. The company stated that it is committed to innovation, excellence, safety and sustainability while mobilising resources to support indigenous maritime capability.

The programme is expected to require a skilled workforce and to support ancillary industries such as fabrication, logistics and marine services, thereby catalysing supply chain activity in the region. It will also offer opportunities for workforce training and process improvements at the yard as work progresses.

Swan Defence and Heavy Industries Limited will complete five Offshore Support Vessels for Kakinada based San Maritime India Pvt. Ltd. The vessels have been docked at the Pipavav shipyard for completion under Indian Register of Shipping class to meet demand in the offshore industry. The project is expected to strengthen Indian flagged tonnage and offshore capability and to create maritime jobs while reinforcing the Government of India's vision of advancing indigenous self-reliant shipbuilding through targeted financial assistance and incentive schemes. It will also provide support to local vendors and service providers across the shipbuilding ecosystem. The hulls were acquired by the company as part of the acquisition of Pipavav Shipyard through the National Company Law Tribunal process and were subsequently transferred to San Maritime. Construction of the vessels began under the previous regime and the revived shipyard is now completing them to demonstrate operational readiness and executional capability under new management. Located on the west coast, the Pipavav shipyard offers the country's largest dry dock at 662 m by 65 m and a wet basin of 340 m by 60 m, together with a one point two km dedicated waterfront for berthing, docking and launching. These facilities support large scale fabrication and complex vessel integration at the yard. Swan Defence and Heavy Industries Limited, formerly known as Reliance Naval and Engineering Limited, operates a fabrication capacity of 164,000 tonne (t) per annum and retains significant heavy fabrication capability. The company stated that it is committed to innovation, excellence, safety and sustainability while mobilising resources to support indigenous maritime capability. The programme is expected to require a skilled workforce and to support ancillary industries such as fabrication, logistics and marine services, thereby catalysing supply chain activity in the region. It will also offer opportunities for workforce training and process improvements at the yard as work progresses.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..