+
GRSE Signs $54M Deal with German Firm for Cargo Vessels
ECONOMY & POLICY

GRSE Signs $54M Deal with German Firm for Cargo Vessels

Garden Reach Shipbuilders and Engineers (GRSE) Ltd, a prominent defence public sector undertaking (PSU), has signed a significant agreement with Carsten Rehder Schiffsmakler und Reederei GmbH and Co. KG, a Germany-based shipping company. The deal, valued at approximately USD 54 million, entails the construction and delivery of four multi-purpose cargo vessels within 33 months, an official said.

The agreement, signed by Commodore Shantanu Bose (retd), director of shipbuilding at GRSE, and Carsten Thomas Rehder, managing director of the German shipping company, was witnessed by GRSE Chairman and Managing Director Commodore P R Hari (retd). The contract also includes an option to build an additional four vessels in the future.

The new vessels, each measuring 120 metres in length and 17 metres in width, are designed to carry 7,500 metric tonnes of cargo. They will feature a single cargo hold to accommodate bulk, general, and project cargoes, with provisions for carrying containers on hatch covers. Additionally, the ships are specially designed to transport large windmill blades on deck.

This latest contract highlights GRSE's ongoing efforts to expand its export footprint in the maritime sector. The Kolkata-based warship maker has previously delivered an offshore patrol vessel to Mauritius, a fast patrol vessel to Seychelles, and a passenger-cum-cargo ocean-going ferry to the Cooperative Republic of Guyana. Currently, GRSE is constructing six patrol boats and a dredger for Bangladesh.

The strategic partnership with Carsten Rehder underscores GRSE's commitment to enhancing its commercial shipbuilding capabilities while supporting international maritime logistics needs.

Garden Reach Shipbuilders and Engineers (GRSE) Ltd, a prominent defence public sector undertaking (PSU), has signed a significant agreement with Carsten Rehder Schiffsmakler und Reederei GmbH and Co. KG, a Germany-based shipping company. The deal, valued at approximately USD 54 million, entails the construction and delivery of four multi-purpose cargo vessels within 33 months, an official said. The agreement, signed by Commodore Shantanu Bose (retd), director of shipbuilding at GRSE, and Carsten Thomas Rehder, managing director of the German shipping company, was witnessed by GRSE Chairman and Managing Director Commodore P R Hari (retd). The contract also includes an option to build an additional four vessels in the future. The new vessels, each measuring 120 metres in length and 17 metres in width, are designed to carry 7,500 metric tonnes of cargo. They will feature a single cargo hold to accommodate bulk, general, and project cargoes, with provisions for carrying containers on hatch covers. Additionally, the ships are specially designed to transport large windmill blades on deck. This latest contract highlights GRSE's ongoing efforts to expand its export footprint in the maritime sector. The Kolkata-based warship maker has previously delivered an offshore patrol vessel to Mauritius, a fast patrol vessel to Seychelles, and a passenger-cum-cargo ocean-going ferry to the Cooperative Republic of Guyana. Currently, GRSE is constructing six patrol boats and a dredger for Bangladesh. The strategic partnership with Carsten Rehder underscores GRSE's commitment to enhancing its commercial shipbuilding capabilities while supporting international maritime logistics needs.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code