GRSE bags export order for 4 more commercial vessels

As per MoU signed earlier, Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany has now exercised the option for procuring four more MPVs from GRSE
GRSE bags export order for 4 more commercial vessels
GRSE bags export order for 4 more commercial vessels
Published on

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

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

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 and March 2025.

(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.)

logo
PSU Watch
psuwatch.com