GRSE announced that it has signed a contract with Germany-based Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG

The Defence PSU announced that it has signed a contract with Germany-based Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction and delivery of the seventh and eighth 7,500 DWT multi-purpose vessels (MPVs). The agreement was finalized on March 24, 2025, in Hamburg, Germany. This contract follows the 'option agreement' between both parties for the procurement of four additional MPVs, increasing GRSE’s total order to eight vessels. The overall contract value remains around $108 million, with no changes to the financial terms.