Skip to main content

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
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
GRSE Swachhata Special Campaign 6
GRSE Organises Cleanliness Drive at Kolkata’s Bichali Ghat Under Swachhata Special Campaign 6.0 
NTPC CCQC
NTPC Bongaigaon Wins Six Gold Awards at CCQC 2026, Adds Two National Honours for Safety and CSR 
Chief Justice-Centric Administration Recalibration
Allahabad High Court Rules Authorities Cannot Reject Prosecution Sanction Against CVC Advice, Must Refer Disagreement to DoPT
nhrc cji
NHRC at 33: CJI Surya Kant Calls for Stronger Human Rights Protection at the Grassroots
SAIL Rourkela Indian Oil
SAIL Rourkela Steel Plant Signs Three-Year MoU with Indian Oil for Diesel and Petrol Supply
Project Saksham
NHAI Tightens Toll Plaza Rules, Agencies Face 15-Day Bid Ban for Unresolved Deficiencies
uttrakhand cm 1
Uttarakhand Seeks Fast-Track Approval for ₹2,708 Crore Rural Road Projects
International Big Cat Alliance
Bhupender Yadav Inaugurates International Big Cat Alliance Headquarters in New Delhi to Boost Global Conservation  
ADVERTISEMENT
ADVERTISEMENT
Videos
PK Jena
Why Technology Cannot Replace Human Connection in Governance: P.K. Jena
PK Jena
The IAS Officer Who Put People Before Paperwork: How PK Jena Challenged Corruption and Reformed Governance
Keshav kumar
From Police Officer to Forensic Pioneer: How Dr Keshav Kumar Made Science a Weapon Against Crime
ADVERTISEMENT
UPSC Stories
Aayush Sharma
Three CDS Attempts, Five AFCAT Qualifications & Medical Setback: How Aayush Sharma Secured CAPF AIR 135
After three unsuccessful SSB attempts, five AFCAT qualifications and a medical setback, Aayush Sharma...
Tushar Chaudhary IRMS
He Left Intel, Built COPAL-19, Spent Months at AIIMS, Ran Half Marathons, and Returned to UPSC—Tushar Chaudhary’s Journey to IRMS
UPSC ESE AIR 4 Tushar Chaudhary left a ₹25 LPA Intel job, built COPAL-19, spent months at AIIMS, ran...
Mayank Sachan UPSC CAPF
15+ Exam Failures, 15 Years in the Navy: How Mayank Sachan Secured AIR 343 in UPSC CAPF
Former Indian Navy sailor Mayank Sachan secured AIR 343 in UPSC CAPF 2025 after 15+ exam failures, two...
CSR NEWS
NTPC CCQC
NTPC Bongaigaon Wins Six Gold Awards at CCQC 2026, Adds Two National Honours for Safety and CSR 
The power station earns recognition for quality improvement projects, occupational health and environmental...
ntpc
NTPC Bongaigaon Signs MoA to Establish ₹13.28 Crore Archery Academy in Mizoram Under CSR Initiative
The three-year project at Lengpui in Mamit district will provide young athletes with dedicated training...
ccl csr
CCL Director Harsh Nath Mishra Wins CSR Leader of the Year at Fortune Leadership Awards 2026
Central Coalfields Limited wins two more honours for CSR Excellence and Rural Development Impact, recognising...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
GRSE Swachhata Special Campaign 6
GRSE Organises Cleanliness Drive at Kolkata’s Bichali Ghat Under Swachhata Special Campaign 6.0 
NTPC CCQC
NTPC Bongaigaon Wins Six Gold Awards at CCQC 2026, Adds Two National Honours for Safety and CSR 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
PK Jena
PK Jena
Keshav kumar
ADVERTISEMENT
ADVERTISEMENT