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GRSE shares rise after MoUs with DNV and Damen Technical Cooperation

Garden Reach Shipbuilders & Engineers gained after signing separate memorandums of understanding with DNV and Netherlands-based Damen Technical Cooperation B.V. to expand capabilities for advanced shipbuilding and dredger work.

GRSE

Shares of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) gained on Thursday, September 3, after the defence shipbuilder signed separate Memorandums of Understanding (MoUs) with global maritime organisation DNV and Netherlands-based Damen Technical Cooperation B.V. to expand its capabilities acro…