Shipping Corporation of India Secures Shipbuilding Contract for Methanol-Powered Vessel

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Shipping Corporation of India Secures Shipbuilding Contract for Methanol-Powered Vessel​

The Shipping Corporation of India Limited (SCI) announced on March 18, 2026, that it has entered into a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL). The agreement is for the construction of one 3,000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).

The vessel, scheduled to be the first in SCI's fleet to utilize Green Methanol as an alternative fuel, aligns with the National Green Hydrogen Mission (NGHM) and signifies a move towards environmentally conscious shipping practices. The contract was finalized at 1315 hours on March 18, 2026.

SCI is a Government of India Enterprise with a registered office in Mumbai.

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