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.