Garden Reach Shipbuilders and Engineers (GRSE) has taken a significant step in expanding its global footprint by signing a $62.44 million contract with Germany's Carsten Rehder. The deal, which aligns with India's 'Make in India, Make for World' initiative, involves the construction of four hybrid multi-purpose vessels.

Contract Details

The agreement between GRSE and Carsten Rehder, a German shipping company, marks an important export order for the Indian shipbuilder. This contract not only showcases GRSE's capabilities in shipbuilding but also demonstrates India's growing presence in the global maritime industry.

Hybrid Multi-Purpose Vessels

The contract calls for the construction of four hybrid multi-purpose vessels. While specific details about these vessels are not provided, the term 'hybrid' suggests that they likely incorporate eco-friendly technologies, possibly combining conventional and alternative power sources. This aligns with the growing trend in the maritime industry towards more sustainable and efficient shipping solutions.

Strategic Importance

This deal is particularly noteworthy as it represents an export order for GRSE, contributing to India's ambitions in the global shipbuilding market. The 'Make in India, Make for World' initiative, under which this contract is positioned, aims to establish India as a manufacturing hub capable of serving both domestic and international markets.

Implications for GRSE

For GRSE, this contract signifies a major achievement in its efforts to expand its international client base. The successful execution of this project could potentially open doors for more international orders, enhancing GRSE's reputation in the global shipbuilding industry.

Conclusion

The $62.44 million contract between GRSE and Carsten Rehder for four hybrid multi-purpose vessels is a testament to India's growing capabilities in advanced shipbuilding. As GRSE embarks on this international project, it not only boosts its own portfolio but also contributes to India's broader goals of becoming a global manufacturing powerhouse in the maritime sector.

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a prominent Indian shipbuilder, has made significant strides in expanding its global footprint and advancing India's maritime ambitions. The company recently announced two major developments that underscore its commitment to innovation and international collaboration in the shipbuilding sector.

Strategic Partnerships to Support Maritime Vision 2047

GRSE has signed five memorandums of understanding (MoUs) with strategic partners across the shipbuilding, port, and infrastructure sectors. These partnerships are aimed at supporting India's maritime ambitions under the Maritime Amrit Kaal Vision 2047 initiative. The MoUs were signed with:

1. Deendayal Port Authority, Kandla
2. Syama Prasad Mookerjee Port Authority, Kolkata
3. Indian Port Rail & Ropeway Corporation Limited
4. The Shipping Corporation of India
5. Modest Infrastructure Private Limited

These collaborations are expected to create a structured framework for GRSE and its partners to explore and jointly develop projects across multiple domains. The scope includes newbuild construction (including green and low-emission vessels), ship repair, construction of green tugs, development and maintenance of port infrastructure, and related civil, rail, and ropeway infrastructure for ports and terminals.

€62.44 Million Contract for Hybrid Multi-Purpose Vessels

In a separate development, GRSE has secured a significant international contract worth €62.44 million (approximately ₹519.00 crore) with Germany's Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG. The contract, signed in Hamburg, Germany, is for the construction of four Hybrid Multi-Purpose Vessels (MPVs).

Key details of the contract include:

• The agreement is an extension of the ongoing 7,500 DWT Multi-Purpose Vessel (MPV) project currently under execution in Kolkata.
• The contract includes a provision for additional two vessels of the hybrid propulsion type.
• The MPVs will incorporate state-of-the-art battery-assisted hybrid propulsion systems, enhancing fuel efficiency and aligning with International Maritime Organization (IMO) decarbonization goals.
• Each vessel will be 120 meters long and 17 meters wide, with a maximum draft of 6.75 meters.
• The ships are designed to carry 7,500 metric tonnes of cargo in a single large cargo hold, capable of accommodating bulk, general, and project cargoes.
• A unique feature is the ability to transport multiple large windmill blades on deck, catering to the growing renewable energy logistics sector.

Expanding Global Footprint

This contract marks GRSE's expanding presence in the commercial and green shipbuilding sectors. The MPV program began with an initial contract for four vessels and has since grown to include eight vessels through subsequent agreements.

Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding) at GRSE, signed the contract with Mr. Thomas Rehder, Managing Director of Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, highlighting the spirit of long-term partnership between the two organizations.

These developments represent significant steps for GRSE in reinforcing India's "Make in India, Make for World" vision in the global shipbuilding industry. As the company continues to expand its capabilities and international collaborations, it is poised to play a crucial role in advancing India's maritime sector and contributing to the nation's economic growth.