Garden Reach Shipbuilders & Engineers (GRSE) has secured a contract with Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction of four Hybrid Multi-Purpose Vessels (MPVs). The total value of the contract is USD 62.44 million. These vessels, designed for diverse cargo, will feature state-of-the-art battery-assisted hybrid propulsion systems, enhancing fuel efficiency and aligning with decarbonization goals. Delivery is expected within 33 to 42 months.
Hybrid Vessel Contract
Garden Reach Shipbuilders & Engineers (GRSE) has announced the signing of a contract with Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, based in Hamburg, Germany. The agreement, finalized on September 19, 2025, covers the construction of four Hybrid Multi-Purpose Vessels (MPVs).
Contract Value and Vessel Specifications
The total contract is valued at USD 62.44 million. These Hybrid MPVs are designed with flexibility and environmental consciousness in mind. Key specifications include:
- Battery-assisted hybrid propulsion systems
- Enhanced fuel efficiency
- Capabilities for flexible cargo handling
The new vessels will measure 120 meters in length and 17 meters in width, with a maximum draft of 6.75 meters, and a carrying capacity of 7,500 metric tonnes.
Project Timeline and Strategic Impact
GRSE expects the construction and delivery of the vessels to take between 33 to 42 months from the contract’s effective date. This contract is GRSE’s first major international export order in the commercial vessel segment. The vessels are also designed to carry multiple large windmill blades, supporting the renewable energy logistics sector.
Source: BSE
