Indian Shipbuilders Win Key Export Orders Amid Global Surge
PORTS & SHIPPING

Indian Shipbuilders Win Key Export Orders Amid Global Surge

Indian state-run defense shipbuilders Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Goa Shipyard Ltd are capitalizing on a surge in global shipbuilding demand, securing significant commercial export orders as ship construction slots in top shipbuilding nations like China, South Korea, and Japan are fully booked until at least 2028. This situation has prompted fleet owners to seek alternative destinations, including India.

Kolkata-based and Mumbai-listed warship builder GRSE announced it had secured an export order worth approximately $54 million from Germany?s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG. The order involves the construction of four multipurpose vessels, each capable of carrying 7,500 metric tonnes (mt) of cargo. The contract includes options for building four additional ships.

The vessels, measuring 120 meters in length and 17 meters in width with a maximum draft of 6.75 meters, will feature a single cargo hold to accommodate bulk, general, and project cargoes. Containers will be transported on hatch covers, and the ships will be specifically designed to carry multiple large windmill blades on deck.

On June 13, Belgium-based dredging company Jan De Nul Group placed an order with Goa Shipyard to construct a next-generation trailing suction hopper dredger. Although the order's value remains undisclosed, the vessel is a plug-in hybrid designed for operation in small harbors. With a 79-meter hull length, it will be the smallest in Jan De Nul Group?s hopper fleet, featuring a hopper capacity of 2,000 cubic meters. The contract includes an option for constructing a second sister vessel.

?So far, Goa Shipyard has exported defense platforms to various countries and has emerged as the largest exporter of defense platforms from India. This prestigious deal with a European client is a significant step to diversify into the global commercial shipbuilding market,? said Chairman and Managing Director B K Upadhyay.

Jan Van de Velde, Director of New Building at Jan De Nul Group, praised the new vessel's design, stating, "It?s a small hopper with big capabilities, tailor-made to perform in small harbors, agile and flexible. As a DC hybrid plug-in, the vessel is highly innovative, with a big potential to reduce carbon footprint."

Indian state-run defense shipbuilders Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Goa Shipyard Ltd are capitalizing on a surge in global shipbuilding demand, securing significant commercial export orders as ship construction slots in top shipbuilding nations like China, South Korea, and Japan are fully booked until at least 2028. This situation has prompted fleet owners to seek alternative destinations, including India. Kolkata-based and Mumbai-listed warship builder GRSE announced it had secured an export order worth approximately $54 million from Germany?s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG. The order involves the construction of four multipurpose vessels, each capable of carrying 7,500 metric tonnes (mt) of cargo. The contract includes options for building four additional ships. The vessels, measuring 120 meters in length and 17 meters in width with a maximum draft of 6.75 meters, will feature a single cargo hold to accommodate bulk, general, and project cargoes. Containers will be transported on hatch covers, and the ships will be specifically designed to carry multiple large windmill blades on deck. On June 13, Belgium-based dredging company Jan De Nul Group placed an order with Goa Shipyard to construct a next-generation trailing suction hopper dredger. Although the order's value remains undisclosed, the vessel is a plug-in hybrid designed for operation in small harbors. With a 79-meter hull length, it will be the smallest in Jan De Nul Group?s hopper fleet, featuring a hopper capacity of 2,000 cubic meters. The contract includes an option for constructing a second sister vessel. ?So far, Goa Shipyard has exported defense platforms to various countries and has emerged as the largest exporter of defense platforms from India. This prestigious deal with a European client is a significant step to diversify into the global commercial shipbuilding market,? said Chairman and Managing Director B K Upadhyay. Jan Van de Velde, Director of New Building at Jan De Nul Group, praised the new vessel's design, stating, It?s a small hopper with big capabilities, tailor-made to perform in small harbors, agile and flexible. As a DC hybrid plug-in, the vessel is highly innovative, with a big potential to reduce carbon footprint.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement