Highlights
- Swan Defence and Heavy Industries has secured a contract from Svitzer A/S to construct four TRAnsverse 3200 tugs.
- Deliveries under the contract are scheduled to commence in early 2028.
- The vessels will be built at the company's Pipavav shipyard in Gujarat.
- The tugs are designed for harbour towage and escort operations with an 80-tonne bollard pull.
- The contract follows a competitive evaluation involving global shipyards.
Swan Defence wins international shipbuilding contract
Swan Defence and Heavy Industries Limited (NSE:SWANDEF) has secured a contract from Denmark-based towage operator Svitzer A/S to construct four TRAnsverse 3200 tugs.
According to the company, deliveries under the contract are scheduled to commence in early 2028. The vessels will be constructed at the company's shipyard in Pipavav, Gujarat, which is located adjacent to the port where Svitzer also operates harbour towage services.
The company stated that the contract followed an extensive competitive evaluation involving leading global shipyards.
Contract covers advanced harbour towage vessels
The four vessels will be constructed to Bureau Veritas class and will use the patented TRAnsverse 3200 design, jointly developed by naval architects Robert Allan Ltd. and Svitzer.
According to the company, the tug design is intended for complex harbour towage and escort operations. The vessels feature a hydrodynamic hull design together with omni-directional propulsion to support operations involving large ships in restricted port channels and varying weather conditions.
The company stated that the vessels are capable of delivering an 80-tonne bollard pull and that the design is up to 15% more fuel efficient than conventional tug designs.
Data Source: Company Filings; Analysis: Kalkine Group
Vessels incorporate operational and environmental features
According to the company, the TRAnsverse 3200 tugs will be biofuel ready, compliant with IMO Tier III emissions standards, and FiFi1 firefighting class ready.
The company stated that these features are intended to support reduced environmental impact while enhancing fire-response capability during port and terminal operations.
Svitzer noted that the vessels form part of its long-term fleet renewal programme, which focuses on deploying next-generation tugboats across global port operations.
Company highlights export order milestone
Commenting on the development, Rear Admiral Vipin Kumar Saxena (Retd.), Chief Executive Officer of Swan Defence and Heavy Industries, stated that the project represents the company's entry into construction of one of the world's advanced towage vessel designs.
He added that the contract represents the company's fourth consecutive export contract and reflects continued participation in the high-specification vessel segment.
Svitzer's Chief Executive Officer, Kasper Friis Nilaus, stated that the partnership supports deployment of vessels designed to improve operational efficiency, sustainability and safety in port operations.
Shipyard continues focus on specialised vessel construction
Swan Defence and Heavy Industries stated that its Pipavav facility houses India's largest dry dock and supports shipbuilding and heavy engineering activities.
According to the company, it continues to focus on specialised shipbuilding and heavy fabrication while serving domestic and international customers. The latest contract further adds to its portfolio of export projects within the maritime sector.
Conclusion
Swan Defence and Heavy Industries has secured a contract from Svitzer A/S to construct four TRAnsverse 3200 tugs, with deliveries expected to begin in early 2028. The vessels will be built at the company's Pipavav shipyard and are designed for harbour towage and escort operations. According to the company, the contract represents its fourth consecutive export order and expands its presence in the specialised shipbuilding segment.
FAQs
Q: What contract has Swan Defence and Heavy Industries secured?
A: The company has secured a contract from Svitzer A/S to construct four TRAnsverse 3200 tugs.
Q: When are deliveries expected to begin?
A: Deliveries are scheduled to commence in early 2028.
Q: Where will the vessels be built?
A: The vessels will be constructed at Swan Defence and Heavy Industries' Pipavav shipyard in Gujarat.
Q: What is the bollard pull capacity of the tugs?
A: According to the company, the TRAnsverse 3200 tugs are designed to deliver an 80-tonne bollard pull.
Q: What environmental features do the vessels include?
A: The company stated that the vessels will be biofuel ready, compliant with IMO Tier III emissions standards, and FiFi1 firefighting class ready.