MDL Begins Production of MPV for Navi Merchants in Denmark
- MDL has commenced production of the first Multipurpose Cargo Vessel for Navi Merchants in Denmark.
- The contract includes the design and delivery of six vessels, each with a capacity of 7500 DWT, valued at approximately 86.05 million USD.
- The project emphasizes hybrid propulsion and stringent emission standards, with the first vessel scheduled for delivery in April 2026.
Mazagon Dock Shipbuilders Ltd (MDL), a prominent public sector undertaking in India, has initiated the production of the first Multipurpose Cargo Vessel (MPV) for Navi Merchants, a Danish company. The ceremonial plate cutting took place on a Tuesday, with notable figures including Simon Christensen, CEO of Navi Merchants, and Sanjeev Singhal, MDL's Chairman and Managing Director, participating in the event. This marks a significant milestone in the collaboration between MDL and Navi Merchants. The contract signed between the two entities encompasses the design, construction, and delivery of a total of six vessels, with an option for four additional units. Each vessel is designed to carry a capacity of 7500 DWT and is valued at approximately 86.05 million USD. The project emphasizes environmental sustainability, featuring hybrid propulsion systems that adhere to stringent emission standards. The vessels will be classified under DNV (Det Norske Veritas) and designed as Ice Class 1B, ensuring they can operate in challenging conditions. They will be equipped with advanced technology, including a controllable pitch medium-speed diesel engine and Electrical Energy Storage systems, which comply with DNV Class notation Battery (Safety). The first vessel is expected to be delivered by April 2026, highlighting MDL's commitment to meeting international standards and expanding its capabilities in the maritime sector. This project not only strengthens MDL's portfolio but also enhances its reputation in the global shipbuilding industry.