SCI has finalized a Shipbuilding Contract with Mazagon Dock Shipbuilders Ltd (MDL) on March 18, 2026. The order is for the construction of one 3000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV). This acquisition marks a major milestone, as the PSV will be the first vessel in SCI’s fleet capable of operating on Green Methanol, supporting the National Green Hydrogen Mission (NGHM).
Major Shipbuilding Contract Secured
The Shipping Corporation of India Ltd. (SCI) has formally executed a Shipbuilding Contract with Mazagon Dock Shipbuilders Ltd (MDL) on 18th March 2026. This agreement is for the construction of a specialized maritime asset: one unit (1 no.) of a 3000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).
Commitment to Green Shipping
This new vessel represents a significant strategic step for SCI’s fleet modernization and commitment to sustainability. The PSV is planned to be the first vessel within the SCI fleet designed to operate using alternate fuel, specifically Green Methanol. This initiative is directly aligned with the objectives set forth under the aegis of the National Green Hydrogen Mission (NGHM).
Event Details
The date and time of the occurrence of this significant event—the execution of the contract—was 18th March 2026 at 1315 hours.
Source: BSE
