“Ocean-Going Tug: A Strategic Alliance Between Garden Reach Shipbuilders and the Bangladesh Navy”
A significant contract is set to be signed under a $500-million line of credit extended by India to Bangladesh for defense equipment procurement. The agreement was inked last Sunday, June 30, in Dhaka by representatives of the Bangladesh Navy’s Directorate General of Defense Purchases and GRSE. This coincided with a four-day visit by Indian Navy Chief Admiral Dinesh K Tripathi, aimed at strengthening bilateral defense ties and exploring new avenues for naval cooperation. As per the contract, a $21 million ship will be delivered to Bangladesh within 24 months. Reports suggest that India has been keen on expanding its defense footprint in foreign markets, including Bangladesh. GRSE, a prominent shipbuilder, signed an agreement last month with German companies Carsten RehderSchiffsmakler and Reederei GmbH & Co. to construct four multi-purpose vessels, each with a capacity of 7,500 DWT. Previously, GRSE has exported an offshore patrol vessel to Mauritius and a fast patro...