https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

GRSE Signs $62.44 Million Contract to Build Hybrid Multi-Purpose Vessels for Global Maritime Partner

India’s Defence PSU GRSE to construct four battery-assisted hybrid cargo vessels with advanced green propulsion and renewable energy logistics capability, expanding its global commercial shipbuilding footprint.
Indian Masterminds Stories

Kolkata/Hamburg: Defence PSU Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a contract valued at USD 62.44 million with Germany’s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction of four advanced Hybrid Multi-Purpose Vessels (MPVs). The agreement was finalized in Hamburg, Germany, and marks a significant step in expanding GRSE’s footprint in the global commercial shipbuilding sector.

Extension of a Successful Partnership

This contract is a natural continuation of the successful collaboration between GRSE and Carsten Rehder, following the ongoing 7,500 DWT Multi-Purpose Vessel project currently under execution at GRSE’s Kolkata shipyard. The current order includes four hybrid propulsion MPVs, with provisions for two additional vessels of similar design in the future, reflecting growing confidence in GRSE’s capabilities.

Read also: Dividend Alert: GRSE Declares ₹13.85 Dividend Per Share for FY25 After 48% Surge in Profit

State-of-the-Art Hybrid Technology for Sustainable Shipping

The newly contracted vessels will incorporate battery-assisted hybrid propulsion systems designed to boost fuel efficiency and significantly reduce emissions. These features align closely with the International Maritime Organization (IMO) decarbonization goals, emphasizing environmental sustainability. Each vessel will measure 120 meters in length and 17 meters in width, with a maximum draft of 6.75 meters.

Versatile Cargo Handling for Renewable Energy Sector

Designed with a large cargo hold capable of carrying 7,500 metric tonnes, the vessels will accommodate bulk, general, and project cargoes. Additionally, they offer flexibility to carry containers on hatch covers. A notable feature is their unique ability to transport multiple large windmill blades on deck, catering specifically to the logistics demands of the growing renewable energy sector.

Milestone in GRSE’s Commercial Vessel Exports

The MPV program commenced with an initial contract for four vessels in June 2024, followed by subsequent contracts in September and December 2024, and March 2025, bringing the total to eight vessels. GRSE officially began construction with steel cutting for the CORAL 7500 DWT MPV series on April 17, 2025, marking the company’s first major international export order in the commercial shipbuilding segment.

Looking Ahead

This contract reinforces GRSE’s position as a competitive player in the international shipbuilding market, showcasing its ability to deliver modern, eco-friendly vessels tailored to emerging industry needs. The partnership with Carsten Rehder continues to open new avenues for GRSE’s global expansion and technological advancement.

About GRSE

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a leading public sector shipyard under the Ministry of Defence, Government of India. Headquartered in Kolkata, GRSE is renowned for designing and building warships, patrol vessels, and other naval platforms for the Indian Navy and Coast Guard. With over six decades of expertise, GRSE plays a vital role in strengthening India’s maritime defence capability.

Read also: Indian Navy Inducts INS Androth, GRSE’s Second Indigenous Anti-Submarine Warfare Shallow Watercraft


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Captain-Hansja-Sharma 1
Who Is Captain Hansja Sharma? India’s First Woman Rudra Helicopter Pilot to Command Squadron at Republic Day Parade 2026
rli
RLI Vindhyachal Conducts Half-Day Training on New Labour Codes to Strengthen Workplace Compliance
Raipur Literature Festival 2026
Raipur Literature Festival 2026 Begins January 23: Free Bus Services, Writers, Culture, and Ideas at Nava Raipur
UP Vision 2047 All India Presiding Officers Conference
86th All India Presiding Officers’ Conference Ends, UP Vision 2047 Document Lauded Nationwide
NHAI and Konkan Railway Sign Landmark MoU
NHAI Partners with Konkan Railway to Boost Integrated Rail-Road Infrastructure and Smart Mobility
Simran Bala
Who Is Simran Bala? 26 Year Old J-K Woman Officer to Lead All-Male CRPF Contingent at Republic Day 2026
ntpc
NTPC Bongaigaon Trains Mid-Level Executives in Strategic Leadership with IIM Shillong Collaboration
IAS Dileep Kumar Yadav
Who Is IAS Dileep Kumar Yadav? Ex-Indore Municipal Commissioner Transferred Twice in 2 Weeks, Now Heads MP State Tourism Devt Corporation
ADVERTISEMENT
ADVERTISEMENT
Videos
Desh Deepak Verma
The Dhaba Deal That Helped Flip The Ledger of UPSRTC 
Col M Shashidhar
 Lessons From Operation Sindoor & Operation Absolute Resolve 
Dr
Why an MBBS Doctor Chose IAS and Cleared UPSC in Her First Attempt | Dr. Akshita Gupta Video Interview
ADVERTISEMENT
UPSC Stories
IAS Avdhija Gupta UPSC
She Cried, She Learned, She Returned: The Unbreakable UPSC Journey of IAS Avdhija Gupta
From three consecutive Prelims failures to securing AIR 43, IAS Avdhija Gupta’s UPSC CSE-2024 journey...
UPSC Logo Explained
Why the UPSC Centenary Logo Matters: A Visual Guide to 100 Years of Civil Services
The UPSC centenary logo marks 100 years of India’s civil services. Decode its symbols and trace the journey...
Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Lost Father at 17, Worked Full-Time: Bhilai Steel Plant Diploma Engineer to CGPSC 2024 Deputy Collector – Yashwant Dewangan
Yashwant Kumar Dewangan, a BSP diploma engineer from Korba, overcame personal and professional challenges...
Social Media
One-Horned Rhino Calf
Watch: First One-Horned Rhino Calf of 2026 Takes Birth at Jaldapara National Park, IFS Officer Shares Rare Footage
A newborn one-horned rhinoceros calf was spotted at Jaldapara National Park on January 1, 2026. IFS officer...
venomous banded krait
Rare Night Encounter: IFS Officer Spots Highly Venomous Banded Krait During Forest Patrol, Internet Amazed
An IFS officer’s night patrol video of a highly venomous banded krait has gone viral, highlighting India’s...
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Captain-Hansja-Sharma 1
Who Is Captain Hansja Sharma? India’s First Woman Rudra Helicopter Pilot to Command Squadron at Republic Day Parade 2026
rli
RLI Vindhyachal Conducts Half-Day Training on New Labour Codes to Strengthen Workplace Compliance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Desh Deepak Verma
Col M Shashidhar
Dr
ADVERTISEMENT
ADVERTISEMENT