SDHI Secures Record $227 Million Chemical Tanker Order from Norway’s Rederiet Stenersen

an Indian shipyard and is SDHI’s first major win since Pipavav’s revival from bankruptcy. The vessels will feature complex IMO Type II specifications, Ice Class 1A certification, LNG-ready hybrid propulsion, and high automation levels. This rare vote of confidence from a European shipowner follows recent changes to India’s shipbuilding incentive framework, underscoring the alignment of policy and industrial capability. Industry experts say the agreement signals a strong comeback for India’s private shipyards on the global stage.