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Company Overview and News

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Shipping firms look to register abroad if govt scraps benefits

2018-07-11 livemint
Mumbai: Indian shipping firms are threatening to “flag out” and register in foreign territories if the government removes one of the last few protections that they still enjoy. Great Eastern Shipping and Shreyas Shipping —two of the largest private shipping lines in the country—are mulling the option of moving to more tax-friendly jurisdictions as the government gradually removes these benefits.
GESHIP 500620

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Great Eastern board to consider raising up to Rs 1,000 cr via NCDs

2018-04-23 moneycontrol
Great Eastern Shipping Ltd today said its board will next month decide on raising up to Rs 1,000 crore through private placement of non-convertible debentures (NCDs).
GESHIP 500620

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Company News: Great Eastern Shipping Company

2018-04-19 thehindubusinessline
Great Eastern Shipping Company has taken delivery of a second-hand very large gas carrier ‘Jag Viraat’ (2007 built) of about 81,617 cbm. The company had contracted to buy the vessel earlier this month. GE Shipping’s current fleet stands at 48 vessels, comprising 33 tankers (12 crude carriers, 17 product tankers, 4 LPG carriers) and 15 dry bulk carriers (1 capesize, 8 Kamsarmax, 6 Supramax) with an average age of 10.
GESHIP 500620

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