The Shipping Corporation of India (SCI) on Wednesday said it has signed a contract with Mazagon Dock Shipbuilders Limited (MDL) to build and deliver a 3,000-dwt methanol dual fuel diesel electric platform supply vessel (PSV).

The company said the shipbuilding contract execution was signed on March 18, 2026.

The 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), according to a regulatory filing.

The move marks a significant step towards a low-carbon maritime future, aligning with the nation’s net zero commitments and reinforcing the nation’s thrust on indigenous shipbuilding.

The agreement, announced through a regulatory filing on March 18, marks a significant milestone in India’s sustainable maritime operations.