SDHI Secures Contract to Build 4 Advanced Tugs for Svitzer
Swan Defence and Heavy Industries Limited (SDHI) has secured a contract from Svitzer A/S to build four TRAnsverse 3200 tugs. Deliveries are set to begin in early 2028. These advanced tugs offer 80-tonne bollard pull and improved fuel efficiency. The contract underscores SDHI's growing export capabilities.
Securing a contract to build four advanced tugs is a positive development that will contribute to the company's order book and revenue, but the financial value of the order is not specified, limiting the immediate impact assessment.
The announcement details a significant new order for Swan Defence and Heavy Industries Limited, highlighting their engineering capabilities and growing international partnerships, which is positive for the company.
Swan Defence and Heavy Industries Limited (SDHI) has secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs. Deliveries for the order are scheduled to commence in early 2028.
The contract was won following an extensive competitive evaluation of global shipyards, and the vessels will be constructed to Bureau Veritas class. The TRAnsverse 3200 design, co-developed by Robert Allan Ltd. and Svitzer, features a unique hydrodynamic hull design and omni-directional propulsion, enabling safe guidance of large ships through severe weather and restricted port channels. These tugs will deliver an 80-tonne bollard pull and are up to 15% more fuel-efficient than conventional designs, supporting global maritime decarbonization goals.
Rear Admiral Vipin Kumar Saxena IN (retd.), CEO of SDHI, stated that this contract is a notable achievement, reaffirming the company's engineering capabilities and reflecting the growing confidence of global leaders in SDHI's ability to deliver to international standards. This marks SDHI's fourth consecutive export contract. Mr. Kasper Friis Nilaus, CEO of Svitzer, highlighted the benefits of the TRAnsverse tug design in improving port productivity, sustainability, and safety margins, and expressed pleasure in partnering with SDHI. He also noted the contract's reflection of Svitzer's continued investment in the Indian maritime sector and commitment to India's Maritime India Vision 2030, Make in India, and Atmanirbhar Bharat initiatives.
The Transverse 3200 tugs will be biofuel-ready, meet IMO Tier III emissions standards, and be FiFi1 firefighting class ready, emphasizing reduced environmental impact and enhanced fire-response readiness. Svitzer, headquartered in Copenhagen, operates a fleet of over 500 vessels worldwide, and this order is part of their long-term fleet renewal program. The vessels will be built at SDHI’s yard in Pipavav, Gujarat.
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Swan Defence and Heavy Industries Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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