Deals docked in Oslo: Indian shipbuilders ink pacts for vessels, green tech tie-ups; check key players
One of the key agreements includes a memorandum of intent signed between Germany's Carsten Rehder Schiffsmakler und Rehder GmbH & Co KG and Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of four multi-purpose vessels. The ships will feature hybrid propulsion systems and comply with advanced cybersecurity standards, the statement said, as reported PTI.
In a separate development, Larsen & Toubro (L&T) signed a wide-ranging partnership with Norway's DNV.
The collaboration covers shipbuilding, offshore and maritime projects, expansion of port infrastructure, energy systems, industrial and smart infrastructure, ESG compliance, cybersecurity, risk services and digital platforms.
The deals were signed during the official visit of Union minister for Ports, Shipping and Waterways Sarbananda Sonowal to the Norway pavilion. Since June 2, Sonowal has been on a five-day trip to Norway and Denmark, leading a business delegation of Indian maritime firms.
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Companies in the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Limited, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electricals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), and Swan Defence & Heavy Industries.
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