Garden Reach Shipbuilders & Engineers has signed a contract with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., KG Germany, on 22 June 2024, for construction and delivery of four (04) multi-purpose vessels of 7,500 DWT each, with an option of building another four (04) ships in near future. The order is valued at USD 54 million for four vessels and a total of USD 108 million for eight vessels.
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