HomeAatmanirbhar BharatGRSE share price: GRSE secures export order worth $54 mn from German...

GRSE share price: GRSE secures export order worth $54 mn from German co for commercial vessels

msid 111190516,imgsize

Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd on saturday signed an agreement with Carsten Rehder Schiffsmakler and Reederei GmbH and Co. KG, a Germany-based shipping company, for the construction and delivery of four multi-purpose cargo vessels.

This contract, valued at around $54 million, is set to be completed within 33 months.

The official statement from GRSE indicated that there is an option for building an additional four ships in the future. These vessels will each measure 120 meters in length and 17 meters in width, capable of carrying 7,500 metric tonnes of cargo.

“The vessels will have a single cargo hold each to accommodate bulk, general and project cargoes. Containers will be carried on hatch covers. The ships have been specifically designed to carry multiple large windmill blades on deck,” the company further stated.

GRSE, a Kolkata-based warship maker, has been actively expanding into the maritime and commercial vessel markets. The company recently built and delivered an offshore patrol vessel to Mauritius, a fast patrol vessel to Seychelles, and a passenger-cum-cargo ocean-going ferry to the Cooperative Republic of Guyana.

Currently, GRSE is working on the construction of six patrol boats and a dredger for Bangladesh.The agreement was signed by Commodore Shantanu Bose (retd), director (shipbuilding) for GRSE, and Carsten Thomas Rehder, managing director for the German shipping company. The signing event also featured the Chairman and Managing Director of GRSE, Commodore P R Hari (retd).

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Aatmanirbhar Bharat

All

Defence Ministry set to clear โ‚น70,000 crore frigates’ order

New Delhi: The defence ministry is set to clear a mega โ‚น70,000 crore order for new warships for the Indian Navy. The stealth frigates...

Zen Technologies launches AI-powered robot for global defense market

Zen Technologies, an anti-drone technology and defence training solutions provider, in collaboration with its subsidiary AI Turing Technologies on Monday introduced AI-powered robot Prahasta,...

AMCA 5th Generation Stealth Fighter Updates

AMCA to be integrated with sophisticated indigenous Distributed Aperture System (DAS) that making it a formidable air asset for the Indian Air Force

Source : IgMp Bureau Indiaโ€™s Advanced Medium Combat Aircraft (AMCA) is on the brink of a revolutionary transformation with the integration of a sophisticated Distributed...

AMCA to incorporate the best features of both 5th and 6th Generation fighters: ADA sources

Source : IgMp Bureau India's strides toward indigenous air dominance receive a substantial boost with the green signal for the Advanced Medium Combat Aircraft (AMCA)...

Most Popular

Recent Comments

Archive Months

Miscellanous

Eight Naxalites killed in encounter with security personnel in Chhattisgarh

Narayanpur: At least eight Naxalites have been killed in an operation launched by security personnel on May 21 in a forest along the Narayanpur-Bijapur...

China Vietnam ties: China, Vietnam hail upgrade of ties; agree to boost security efforts

China and Vietnam agreed to step up co-operation on security matters in their move towards becoming a community with a "shared future", they said...

UK backs Indiaโ€™s case for permanent UN Security Council seat

Source : Asian News International (ANI)Barbara Woodward, permanent representative of the United Kingdom to the United Nations, speaks during a meeting of the security...

Germany orders 40 Marder combat vehicles for Ukraine

(adsbygoogle = window.adsbygoogle || ).push(); STUTTGART, Germany โ€” The German government has ordered 40 overhauled Marder infantry fighting vehicles for...
Visits
error: Content is protected !!