Swan Defence Wins Landmark Chemical Tanker Order

28 Jan 2026 CW Team

The contract, valued at USD 227 million, has been awarded by European shipowner Rederiet Stenersen AS and is regarded as one of the largest single commercial shipbuilding orders placed with an Indian shipyard. It is also the first and largest chemical tanker order ever awarded to an Indian yard, highlighting the company’s growing capability to deliver technologically advanced and complex vessels to global standards.

Each vessel will have a deadweight tonnage of 18,000 DWT and will be constructed at the revitalised Pipavav facility, strengthening the shipyard’s return to large-scale, high-value shipbuilding. The agreement also includes an option for six additional sister vessels, which could significantly expand the overall order size and provide long-term visibility for the facility.

The first tanker is scheduled for delivery within 33 months, with the remaining vessels to be delivered at regular intervals thereafter. Each ship will measure around 150 metres in length with a beam of approximately 23 metres, in line with international specifications for modern chemical tankers.

The vessels will be designed by Marinform AS in collaboration with StoGda Ship Design & Engineering, ensuring compliance with the latest safety, efficiency and environmental standards. Classification will be provided by DNV, one of the world’s leading classification societies, adding further credibility to the project.

Built to Ice Class 1A standards, the chemical tankers will feature advanced dual-fuel LNG-ready hybrid propulsion systems, enabling multiple operational modes and improved fuel efficiency supported by high levels of automation. The design reflects rising global demand for environmentally responsible shipping solutions and positions Swan Defence strongly within the evolving green maritime ecosystem.

Swan Defence and Heavy Industries Limited has signed its first newbuild contract for six IMO Type II chemical tankers, marking a major milestone in India’s commercial shipbuilding sector and reinforcing the revival of its Pipavav shipyard in Gujarat. The contract, valued at USD 227 million, has been awarded by European shipowner Rederiet Stenersen AS and is regarded as one of the largest single commercial shipbuilding orders placed with an Indian shipyard. It is also the first and largest chemical tanker order ever awarded to an Indian yard, highlighting the company’s growing capability to deliver technologically advanced and complex vessels to global standards. Each vessel will have a deadweight tonnage of 18,000 DWT and will be constructed at the revitalised Pipavav facility, strengthening the shipyard’s return to large-scale, high-value shipbuilding. The agreement also includes an option for six additional sister vessels, which could significantly expand the overall order size and provide long-term visibility for the facility. The first tanker is scheduled for delivery within 33 months, with the remaining vessels to be delivered at regular intervals thereafter. Each ship will measure around 150 metres in length with a beam of approximately 23 metres, in line with international specifications for modern chemical tankers. The vessels will be designed by Marinform AS in collaboration with StoGda Ship Design & Engineering, ensuring compliance with the latest safety, efficiency and environmental standards. Classification will be provided by DNV, one of the world’s leading classification societies, adding further credibility to the project. Built to Ice Class 1A standards, the chemical tankers will feature advanced dual-fuel LNG-ready hybrid propulsion systems, enabling multiple operational modes and improved fuel efficiency supported by high levels of automation. The design reflects rising global demand for environmentally responsible shipping solutions and positions Swan Defence strongly within the evolving green maritime ecosystem.

Resources

11 Feb 2026

KBL Expands Kaniyur Facility in Centenary Year

Kirloskar Brothers (KBL), a leading player in fluid management solutions, has inaugurated a new factory building at its Kaniyur Manufacturing Facility in Tamil Nadu. The expansion coincides with a milestone year marking 100 years since the company manufactured and installed India’s first centrifugal pump in 1926. The newly commissioned facility is aimed at enhancing productivity and operational efficiency, enabling the company to address rising domestic as well as international demand while upholding stringent quality benchmarks. Sustainability remains a central focus of the expansion. Ar..

Equipment

11 Feb 2026

Raimondi to Debut TRT 55US at CONEXPO

"Raimondi Group will present the TRT 55US rough terrain crane at CONEXPO 2026, marking the first product debut under its newly established Raimondi North America operations hub.Developed by Terex Rough Terrain, now part of the Raimondi portfolio, the 55-tonne model has been engineered specifically to meet North American operational, regulatory and environmental requirements.Designed for North American ApplicationsThe TRT 55US features a compact transport-friendly design, an additional jib configuration and a redesigned operator environment aimed at improving efficiency and precision. It offers..

Infrastructure Transport

11 Feb 2026

CPCL Ranks No.1 in NHAI DPR Ratings

"Chaitanya Projects Consultancy (CPCL) has secured the top position in National Highways Authority of India’s first-ever provisional DPR consultants rating, scoring 80.75 out of 100 and outperforming 55 peer firms.CPCL ranked ahead of Pentacle Consultants (78), L&T Infrastructure Engineering (76), MSV International Technology (74) and Transys Consulting (72). The ranking, released in the fourth week of January 2026, marks NHAI’s first transparent evaluation framework aimed at enhancing DPR quality under Bharatmala and other national highway programmes.The move aligns with the accountab..