July22 , 2026

    DH Shipbuilding clinches pair of Suezmax tanker orders

    Related

    India and Panama Discuss Enhanced Maritime Cooperation, MoU During High-Level Bilateral Meeting

    India and Panama have reaffirmed their commitment to strengthening...

    Deendayal Port Handles 76,859 MT US Coal Cargo for Shree Cement

    Deendayal Port Authority (DPA), Kandla, has welcomed the bulk...

    V.O. Chidambaranar Port Sets New Record with Widest Container Vessel Ever Handled

    V.O. Chidambaranar Port Authority (VOC Port) has achieved another...

    Odisha Gets 58 Port-Linked Projects Worth ₹56,000 Crore

    Odisha has secured 58 port-linked infrastructure projects valued at...

    Turkey’s First Homebuilt LNG Boxship Begins India Service

    Turkey's first domestically built and largest LNG-powered container ship...

    Share

    DH Shipbuilding has secured contracts for the construction of two new Suezmax tankers, strengthening its orderbook amid steady demand for mid-size crude carriers.

    Industry sources said the vessels will be built to comply with the latest IMO environmental and efficiency standards, with delivery scheduled over the next few years. While contract values and the identity of the buyer have not been officially disclosed, the newbuilds are expected to feature fuel-efficient designs and emissions-reduction technologies to meet tightening regulatory requirements.

    The latest orders reflect continued interest in Suezmax tonnage, driven by their operational flexibility and suitability for a wide range of crude trade routes. Shipowners have shown a preference for modern, eco-design vessels as they seek to balance fleet renewal with compliance costs and long-term fuel transition strategies.

    For DH Shipbuilding, the contracts add momentum to its tanker construction programme, as yards benefit from renewed ordering activity after a period of cautious investment. Analysts note that while overall newbuilding volumes remain measured, demand for replacement tonnage in the tanker sector continues to support selective ordering.

    spot_img