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Garden Reach Shipbuilders & Engineers (GRSE) Ltd on Saturday said it has signed a contract worth USD 62.44 million with a Hamburg-based company for the construction of four hybrid multi-purpose vessels. The contract also includes a provision for an additional two hybrid propulsion vessels, a company statement said. "The agreement builds on the ongoing 7,500 DWT (deadweight tonnage) multi-purpose vessel project being executed at GRSE's Kolkata yard for the German shipping company Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG," the GRSE said. The deal was signed by Cdr Shantanu Bose, IN (Retd), Director (Shipbuilding), GRSE, and Thomas Rehder, Managing Director, Carsten Rehder Schiffsmakler und Reederei, in the presence of senior officials of both organisations. The 120-metre-long and 17-metre-wide vessels will feature battery-assisted hybrid propulsion, improved fuel efficiency, and flexible cargo handling systems, aligning with International Maritime Organization ...
Titagarh Rail Systems Ltd (TRSL) on Friday said its Shipbuilding and Maritime Systems Division has secured its largest-ever order valued at Rs 467.25 crore from Garden Reach Shipbuilders & Engineers (GRSE). The order pertains to the construction and delivery of two Coastal Research Vessels (CRVs) for the Geological Survey of India. The CRVs will be equipped to conduct seabed geology studies, mineral exploration, ocean environment monitoring and long-duration scientific research, bolstering India's maritime research infrastructure, according to a statement. TRSL had earlier delivered specialised vessels, including CRVs for the National Institute of Ocean Technology (NIOT), it said. The company has also executed projects such as ICGS Kamla Devi (FPV) and MV Ma Lisha (Cargo RoPax) for Guyana. It has delivered over 35 vessels so far, and continues to build on its maritime systems expertise, the statement said. The company had recently announced that it will incorporate a wholly-owned