Garden Reach Shipbuilders and Engineers (GRSE) has signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG, Germany, for the construction and delivery of the 7th and 8th Multi-Purpose Vessels (MPVs) of 7,500 DWT. This agreement, signed on March 24, 2025, in Hamburg, completes the order for eight vessels valued at approximately $108 million. Each MPV will be 120 meters long, 17 meters wide, with a 6.75-meter draft, capable of carrying 7,500 metric tonnes of cargo. The vessels are designed to transport bulk, general, and project cargoes, including large windmill blades on deck, catering to the renewable energy sector. This contract solidifies GRSE's position in the global shipbuilding market.
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