Garden Reach Shipbuilders & Engineers Ltd (GRSE), a government-owned shipbuilding company, announced on Saturday, June 7, that it has signed two Memorandums of Understanding (MoUs) during a recent visit to Sweden and Denmark. The agreements are aimed at enhancing GRSE’s marine engineering capabilities and marking its entry into the expedition cruise vessel segment.
In Sweden, GRSE signed an MoU with Berg Propulsion, a prominent global supplier of marine propulsion technologies. The partnership will focus on jointly developing and manufacturing propulsion equipment and systems, with an emphasis on collaboration for ongoing and future government projects.
According to a filing with the stock exchange, “Garden Reach Shipbuilders & Engineers Limited (GRSE), known for its expertise in marine engineering, has signed an MoU with Berg Propulsion, Sweden, a globally recognized manufacturer of propulsion systems.”
On June 6, GRSE also entered into a separate MoU with SunStone, a Denmark-based company specializing in expedition cruise vessels. The agreement outlines plans to work together on the design and development of new vessels in this category. “On June 6, 2025, GRSE signed an MoU with SunStone, Denmark, a key player in the expedition cruise market. This agreement paves the way for future cooperation in this segment,” the company stated.
Garden Reach Shipbuilders & Engineers Ltd (GRSE) is one of India’s leading public sector shipyards, operating under the Ministry of Defence. Headquartered in Kolkata, GRSE has a long and distinguished history of building a wide range of naval and commercial vessels, including frigates, corvettes, patrol vessels, and landing ships.
Established in 1884 and nationalized in 1960, the company has played a crucial role in strengthening India’s maritime and defense capabilities. GRSE is known for its strong in-house design and engineering capabilities, modern shipbuilding infrastructure, and a consistent track record of delivering complex warships to the Indian Navy and Coast Guard. Over the years, it has expanded its product portfolio to include marine engines, deck machinery, and other advanced engineering solutions, positioning itself as a key player in the Indian and global shipbuilding industry.
