Kolkata (September 18, 2024): On 22 June 2024, GRSE had signed contract with the German Ship owner M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co.KG Germany for construction of four Multipurpose Vessels (MPVs). In line with the ‘Option Agreement’ signed between both parties, M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co.KG Germany has now exercised the option for procuring four more MPVs from GRSE.

The shipyard will now build a total of eight vessels at an approx. order value of 108 MUSD. The contracts for the additional four ships will be signed between October 2024 & March 2025.