Pratik Bijlani –
The Shipping Corporation of India (SCI) has taken a significant step toward fleet modernization and sustainable shipping by floating a tender worth an estimated $360 million for the construction of six methanol dual-fuel ready feeder container vessels. The move underlines India’s growing commitment to green shipping, domestic shipbuilding, and strengthening national maritime capacity.
The tender covers two firm orders and four optional vessels, each with a carrying capacity of around 1,700 TEUs. Designed as feeder container ships, the vessels are expected to support regional and coastal trade while enhancing SCI’s role in India’s expanding container shipping market.
A key feature of the project is the emphasis on indigenous shipbuilding. Indian shipyards will receive the Right of First Refusal (RoFR), allowing them to match the lowest bid submitted by a foreign yard and secure the contract. This policy is aimed at boosting local yards and encouraging greater participation in high-value commercial ship construction.
To qualify, domestic shipyards must demonstrate certified infrastructure capability to build container ships of at least 1,700 TEUs. Certification must come from the Indian Register of Shipping or an approved member of the International Association of Classification Societies (IACS), reflecting the government’s focus on quality, safety, and international standards.
The proposed ships will initially operate on conventional marine fuel but will be built ready for future conversion to methanol. Methanol is increasingly viewed as one of the most promising alternative fuels for shipping due to its lower emissions profile and compatibility with decarbonization goals.
Industry observers see the tender as an important opportunity for India’s shipbuilding ecosystem, including equipment suppliers, marine service companies, and technology providers. It also aligns with the broader “Make in India” initiative by promoting advanced vessel construction within the country.
By investing in methanol-ready tonnage, SCI is positioning itself to meet future environmental regulations, improve operational efficiency, and remain competitive as the global shipping industry transitions toward cleaner fuels. The project marks another milestone in India’s ambition to emerge as a stronger and more sustainable maritime nation.
Marex Media