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Swan Defence & Heavy Industries bag chemical tanker deal worth $227 million

Swan Defence And Heavy Industries secured a significant $227 million contract for six chemical tankers from European shipowner Rederiet Stenersen AS. This landmark deal marks India's largest single commercial shipbuilding order and the first & largest chemical tanker order for an Indian shipyard. The 18,000 DWT IMO Type II tankers will be built at their Pipavav, Gujarat facility.

23 Jan 2026 10:05 am