GRSE signs MoU in Sweden and Denmark for providing marine equipment services

New Delhi: State-owned GRSE has declared that during an official delegation visit to Sweden and Denmark, the Company has entered into the following Memorandum of Understandings (MoUs):

Garden Reach Shipbuilders & Engineers Limited (GRSE), with its long-standing excellence in supplying marine engineering products, signed a MoU with M/s Berg Propulsion, Sweden, a global leader in the development, manufacturing, and supply of marine propulsion systems. This MoU marks a strategic step towards enhancing GRSE’s portfolio in the marine equipment market.

The collaboration will leverage the combined capabilities and technical know-how of both organizations in manufacturing propulsion-related equipment and systems, with a particular focus on ongoing and future governmental projects.

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On 6 Jun 2025, GRSE signed a MoU with M/s SunStone, Denmark, a leading provider of expedition cruise vessels. This MoU sets the stage for future collaboration in the areas of expedition cruise vessels.

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Earlier, on 04th June 2025, Garden Reach Shipbuilders & Engineers Limited (GRSE) signed a MoI with Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG, Germany, for the construction of four follow-on 7,500 DWT Multi-Purpose Vessels. These vessels will be built as a continuation of the eight vessels currently under construction at GRSE’s Kolkata shipyard.

The follow-on vessels will feature hybrid propulsion systems and comply with the latest cybersecurity standards. The firm contract for these vessels is expected to be finalized by 31 August 2025.

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