SCI Signs Shipbuilding Contract with MDL for Green Methanol Dual Fuel Vessel
Shipping Corporation of India (SCI) signed a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL) on March 18, 2026. The contract is for one 3000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV). This marks SCI's first vessel to operate on Green Methanol, supporting green shipping.
The acquisition of a new vessel represents a strategic investment and a step towards greener operations, which can have a medium-term impact on the company's operational capabilities and environmental profile.
The company has entered into a contract for a new, environmentally friendly vessel, which is a positive development for its fleet modernization and commitment to green shipping.
The Shipping Corporation of India Limited (SCI) has executed a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL) on 18th March 2026 for the construction of one 3000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).
This new vessel will be the first in SCI's fleet to operate on alternate fuel, Green Methanol, marking a significant step towards green shipping initiatives under the National Green Hydrogen Mission (NGHM).
The event occurred on 18th March 2026 at 13:15 hours.
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