Garden Reach Shipbuilders & Engineers (GRSE) signed an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on 03 October 2024, for the construction and delivery of 5th Multi-purpose vessel (MPV) of 7,500 DWT. This contract is in line with the Option Agreement’ signed between both the parties, for procurement of four additional MPVs from GRSE. The shipyard will build a total of eight vessels (08) at an approx. order value of 108 M USD.
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