Indian Shipbuilding Giant Secures $350 Million Order for Ammonia Dual-Fuel Bulk Carriers
2026-04-13 10:37
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en.Wedoany.com Reported - India's largest shipbuilder, Swan Defence and Heavy Industries (SDHI), has officially signed a contract with Energy One to construct four 92,500 DWT ammonia dual-fuel Kamsarmax bulk carriers. The total value of this order ranges from 150.1 billion to 300 billion Indian Rupees (approximately $178 million to $355 million). This marks the first order for ammonia dual-fuel vessels secured by a domestic Indian shipyard and represents the largest commercial vessels ever built in India.

According to the contract schedule, the first vessel is planned for delivery in October 2029, with the subsequent three vessels to follow at a pace of one every four months. Designed by a Korean design institute and classed by DNV, this vessel type is approximately 229 meters long and 37 meters wide. In terms of technology integration, this series of vessels will be equipped with an advanced ammonia fuel power system, aiming to assist partners in achieving a $2 billion green ship investment plan through zero-emission technology and reducing greenhouse gas emissions.

Regarding production capacity assurance, Swan Defence and Heavy Industries possesses a manufacturing base covering over 600 acres and one of the world's largest dry docks, providing the hardware conditions to build vessels up to 400,000 DWT. The finalization of this order signifies the shipyard's formal entry into the high-end commercial vessel manufacturing sector following its bankruptcy restructuring. The shipyard plans to utilize its 2.41 million square feet of enclosed workshops to ensure year-round continuous project operations, achieving a production capacity upgrade from traditional bulk carriers to next-generation low-emission vessels.

In addition to this ammonia dual-fuel project, the shipyard has been active in recent business moves. Earlier this year, the yard signed orders for several hybrid chemical tankers and resumed the subsequent construction of five platform supply vessels. With the gradual execution of these complex vessel orders, Swan Defence and Heavy Industries is accelerating the integration of its production lines to meet the equipment support needs of the global shipping industry's transition to green energy.

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