GRSE Inks Contract For 5th Export Vessel With German Client
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Garden Reach Shipbuilders and Engineers has signed a contract for the fifth of eight multi-purpose export vessels. The company shared the news in a post on X (formerly Twitter).

What Happened: The Kolkata-based shipbuilding company announced on Thursday, that it has entered into an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of a fifth Multi-purpose vessel (MPV) of 7,500 DWT (deadweight tonnage).

The contract is part of an ‘Option Agreement’ for the procurement of four additional MPVs from GRSE, bringing the total order to eight vessels.

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The MPVs, each 120 metres long and 17 metres wide, are designed to carry multiple large windmill blades on deck and can accommodate bulk, general and project cargoes.

This development comes on the heels of GRSE’s recent upgrade from ‘Schedule B’ to ‘Schedule A’ Central Public Sector Enterprise (CPSE) by the Government of India, a significant milestone reflecting its robust financial performance and operational efficiency.

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