Swan Defence ties up with Samsung Heavy Industries for shipbuilding

This strategic alignment comes at a time when India’s maritime growth trajectory intensifying with efforts to position itself as a global hub for shipbuilding, supported by favourable government policies, financial incentives and advanced infrastructure.

Swan Defence and Heavy Industries, one of the largest shipbuilding and heavy fabrication companies, has signed a Memorandum of Understanding with Samsung Heavy Industries, the world’s leading shipbuilders in specialised and complex vessels.

Both the partners will jointly explore commercial shipbuilding and heavy engineering projects across domestic and international markets. The shipbuilding collaborations include a wide range of commercial vessels, including tankers, gas carriers, container ships and other specialised vessels.

Global hub for shipbuilding

This strategic alignment comes at a time when India’s maritime growth trajectory intensifying with efforts to position itself as a global hub for shipbuilding, supported by favourable government policies, financial incentives and advanced infrastructure.

Rear Admiral Vipin Kumar Saxena (retd), CEO, Swan Defence and Heavy Industries said the shared vision of both the companies is to deliver enhanced value to customers and shape the future of shipbuilding through advanced technologies and strategic cooperation.

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.

SDHI 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 tonne. The shipyard has a dedicated offshore yard (750m x 265m) for fabrication, erection and load out for large platforms, offshore structures and heavy engineering modules up to 10,000 tonne.

Published on September 30, 2025