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Shipping Corporation executes shipbuilding contract with MDL

18 Mar 2026 Evaluate

Shipping Corporation of India (SCI) has executed a shipbuilding contract with Mazagon Dock Shipbuilders (MDL) on March 18, 2026 for construction of one (1 no.) 3000 DWT Methanol Dual Fuel Platform Supply Vessel (PSV).

This PSV will be the first vessel in SCI’s fleet which is planned to operate on alternate fuel Green Methanol, a step towards the green shipping under the aegis of National Green Hydrogen Mission (NGHM).

Shipping Corporation of India possesses all the ingredients essential for emerging as a truly world class international shipping company.


Shipping Corpn. Share Price

318.45 5.80 (1.86%)
07-May-2026 12:13 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 318.45
GE Shipping 1558.00
Dredging Corp 968.35
Seamec 1565.40
Shreeji Ship.Global 424.50
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