Shipping Corporation of India Ltd (SCI) has executed a shipbuilding contract with Mazagon Dock Shipbuilders Ltd (MDL) for a 3000 DWT methanol dual-fuel platform supply vessel (PSV). Signed on March 18, 2026, the deal marks a significant step in SCI’s push toward sustainable marine operations.
SCI has formalized its partnership with MDL to build a next-generation methanol dual-fuel PSV, reinforcing its commitment to green shipping. The vessel will support offshore energy operations while aligning with global decarbonization goals.
Contract Details
The 3000 DWT PSV will be equipped with methanol dual-fuel technology, enabling reduced emissions and compliance with evolving marine fuel standards. The contract reflects SCI’s strategic investment in clean energy propulsion and advanced vessel design.
Sustainability Focus
Methanol is emerging as a viable alternative marine fuel due to its lower carbon footprint and compatibility with existing infrastructure. SCI’s adoption of methanol dual-fuel systems positions it as a forward-looking player in India’s maritime sector.
Industry Significance
The collaboration with MDL, a leading shipbuilder, underscores the growing synergy between public sector enterprises in advancing sustainable shipping. The PSV will enhance SCI’s offshore logistics capabilities while meeting international environmental benchmarks.
Key Developments
-
SCI signs contract with MDL for 3000 DWT methanol dual-fuel PSV
-
Deal executed on March 18, 2026
-
Supports offshore energy operations with low-emission technology
-
Strengthens SCI’s commitment to sustainable marine transport
Future Outlook
Industry experts view the contract as a strategic milestone for SCI’s fleet modernization. The methanol-powered PSV is expected to set new standards in eco-friendly offshore support, paving the way for broader adoption of green fuels in Indian shipping.
Sources: Economic Times, Business Standard, Mint, SCI Press Release