GRSE signs contract for construction of four Hybrid Multi-Purpose Vessels
The newly contracted hybrid MPVs will incorporate state-of-the-art battery-assisted hybrid propulsion systems, enhanced fuel efficiency, and flexible cargo handling capabilities, making them well-aligned with International Maritime Organization (IMO) decarbonization goals.
Defence PSU, Garden Reach Shipbuilders and Engineers (GRSE), signed a contract with Germany’s Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG in Hamburg, Germany, for the construction of four Hybrid Multi-Purpose Vessels (MPVs) at a total value of USD 62.44 million.
This agreement represents a natural extension of the successful partnership between GRSE and Carsten Rehder, following the ongoing 7,500 DWT Multi-Purpose Vessel (MPV) project currently under execution in Kolkata. The PSU company has ventured into the construction of these four (04) hybrid propulsion MPVs with a provision of two additional vessels of the hybrid propulsion type.
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Read Also : Ministry and SCI signs MoU with BPCL, HPCL and IOCLThe newly contracted hybrid MPVs will incorporate state-of-the-art battery-assisted hybrid propulsion systems, enhanced fuel efficiency, and flexible cargo handling capabilities, making them well-aligned with International Maritime Organization (IMO) decarbonization goals. These MPVs will be 120 meters long and 17 meters wide, with a maximum draft of 6.75 meters.
The vessels are designed to carry 7,500 metric tons of cargo in a single large cargo hold, capable of accommodating bulk, general, and project cargoes. Containers can also be carried on hatch covers. A unique design feature of these ships is their ability to transport multiple large windmill blades on deck, catering specifically to the growing renewable energy logistics sector.
The MPV program had commenced with an initial contract for four vessels signed in June 2024, followed by further agreements in September 2024, December 2024 & March 2025 that took the total to eight vessels. On April 17, 2025, GRSE commenced steel cutting for this prestigious project, formally beginning construction of the CORAL 7500 DWT MPV series as the first major international export order in the commercial vessel segment.
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