GRSE signs contract for 5th of 08 multi-purpose Export Vessels 
Defence Watch

GRSE signs contract for 5th of 08 multi-purpose Export Vessels

GRSE has signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of 5th multi-purpose vessel (MPV) of 7,500 DWT

Defence Watch Bureau

New Delhi: The Garden Reach Shipbuilders and Engineers (GRSE) Limited has signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on Thursday, 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 at approx. order value of 108 MUSD.

PSU Watch is now on Whatsapp Channels. Click here to join

Each MPV will be 120 metres long and 17 metres wide with a maximum draft of 6.75 metres. It can carry 7,500 metric tonnes of cargo. Each vessel will have a single cargo hold to accommodate bulk, general and project cargoes and Containers will be carried on hatch covers. These ships have been specifically designed to carry multiple large windmill blades on deck.

The agreement for 5th MPV was signed between GRSE and Carsten Rehder Schiffsmakler and Reederei GmbH & Co., represented by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding) and Jonas Meinhardt, Managing Director of Carsten Rehder respectively in the august presence GRSE's Director (Finance) RK Dash, Director (Personnel) DIG Subrato Ghosh, ICG (Retd) and senior officials from both GRSE and Carsten Rehder.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Stock markets climb in early trade led by foreign fund inflows, lower crude oil prices

Liberia-flagged VLCC hit in Persian Gulf, 6 Indian seafarers aboard: Sarbananda Sonowal

NLMC invites bids for e-auction of 11 govt flats in Prayagraj

Data for policy making should be timely, reliable and actionable: Principal Secretary to PM PK Mishra

Finance Ministry asks ministries to make EVs 'default and preferred choice' for staff car purchases