Energy News Beat
German shipowner Carsten Rehder Schiffsmakler und Reederei is further strengthening its ties with India’s Garden Reach Shipbuilders and Engineers (GRSE), signing a new memorandum of intent for four additional multipurpose (MPP) dry cargo vessels.
The agreement, signed during the Nor-Shipping event in Oslo, brings the total number of 7,500 dwt MPP ships ordered by Carsten Rehder at the Kolkata-based yard to 12. The initial contract for four vessels was placed in June 2024 at $13.5m each, with another four added in September the same year. Deliveries are expected to span through 2027.
According to GRSE, the latest set of ships will feature hybrid propulsion systems and incorporate the latest cybersecurity standards. The deal is expected to be finalised by the end of August.
GRSE, best known for its defence and offshore vessels and operating under India’s Ministry of Defence, has also moved to expand its capabilities in offshore shipbuilding through a memorandum of understanding with Dubai-based Aries Marine to explore and develop platforms and vessels using Aries’ designs.
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