Thursday, October 29, 2026

Swan Defence inks MoU with Samsung Heavy Industries for shipbuilding and engineering projects

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Shipbuilding and heavy fabrication firm Swan Defence and Heavy Industries Limited (SDHI) on Tuesday (September 30) said it has signed a strategic Memorandum of Understanding (MoU) with Samsung Heavy Industries, one of the world’s leading shipbuilders in specialised and complex vessels.Under the partnership, the two companies will jointly explore commercial shipbuilding and heavy engineering projects across both domestic and international markets. The collaboration will cover a broad range of vessels, including tankers, gas carriers, container ships, and other specialised ships.

Rear Admiral Vipin Kumar Saxena (retd.), CEO, Swan Defence and Heavy Industries, said, “We are excited to partner with Samsung Heavy Industries, a global leader in shipbuilding.

Also Read: Swan Defence and Heavy Industries signs manufacturing deal with US-based Varex Imaging
Our shared vision is to deliver enhanced value to customers and shape the future of shipbuilding through advanced technologies and strategic cooperation. We look forward to exploring new opportunities and strengthening this partnership in due course.”The MoU fosters collaboration for next-generation vessel designs, green technologies, and digital shipbuilding methodologies. The partnership will focus on optimising project execution through value engineering in production design and localising material sourcing to reduce costs and enhance operational efficiency.

Swan Defence and Heavy Industries is home to India’s largest dry dock (662m x 65m) with a capacity of 400,000 DWT and an annual steel fabrication capacity of 144,000 T. The shipyard has a dedicated offshore yard (750m

x 265m) for fabrication, erection & load out for large platforms, offshore structures, and heavy engineering modules up to 10,000 T.

Also Read: Swan Defence to re-list on exchanges of January 20

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