GRSE Signs MoU for Construction of Four Multi-Purpose Vessels & Enters Offshore Market

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has signed a Memorandum of Intent (MoI) with M/s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four 7,500 DWT Multi-Purpose Vessels. These vessels will be built as a continuation of the eight vessels currently under construction at GRSE’s Kolkata shipyard and will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025. In addition, GRSE signed a Memorandum of Understanding (MoU) with M/S Aries marine, a Dubai based, established and independent engineering and design firm for offshore Platform and vessel design to extend worldwide reach in the offshore market. GRSE also signed an MoU with a Global Engine Manufacturer.