Garden Reach In MoUs For Propulsion Systems And Global Shipbuilding Pact

Garden Reach Shipbuilders & Engineers Ltd. has signed a memorandum of understanding with Sweden's Berg Propulsion to jointly develop, manufacture, and supply marine propulsion systems, the company said in a stock exchange filing Saturday. The collaboration aims to support current and future government projects by combining the technical strengths of both partners.

The agreement follows other recent MoUs: one with Denmark’s SunStone for potential work on expedition cruise vessels, and two others signed earlier this week — one with Germany’s Carsten Rehder for four multipurpose ships and another with Dubai-based Aries Marine for offshore design.