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Great Eastern Shipping’s off-shorearm wins rig contracts from ONGC

2017-11-15 thehindubusinessline
Greatship (India), the off-shore subsidiary of Great Eastern Shipping Co, has won three-year contracts from ONGC for two if its oil-drilling rigs, helping boost revenue at India’s biggest private maritime-carrier after a lacklustre second quarter that saw its net profit tank 97.6 per cent.

Great Eastern Shipping Company acquires vessel Jag Lokesh

2017-09-27 indiainfoline
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GE Shipping trades higher; takes delivery of Medium Gas Carrier

2017-09-26 indiainfoline
Great Eastern Shipping Company informed that it took delivery of a secondhand Medium Gas Carrier 'Jag Vijaya' (1997 built) of about 35,420 cbm. The company had contracted to buy the vessel in September 2017, said GE Shipping in a BSE filing on Monday.

Great Eastern Shipping Company acquires Medium Gas Carrier Jag Vijaya

2017-09-25 indiainfoline
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High tax regime, lack of long-term funds hurting shipping industry

2017-08-14 thehindubusinessline
India’s rich maritime tradition — long coastline, supplier of quality seafarers to the global shipping industry, a big market of 1.2 billion people — has not reflected in the numbers it should ideally have.

GE Shipping Q1 net plunges 58% to Rs103 crore

2017-08-10 livemint
New Delhi: Great Eastern Shipping Company on Thursday posted 58% decline in consolidated net profit at Rs103.56 crore for the quarter ended 30 June, 2017. The company had posted a net profit of Rs247.82 crore in the year-ago period, Great Eastern Shipping Company said in a BSE filing.

Company news

2017-08-07 thehindubusinessline
Veer Energy and Infrastructure Ltd plans to develop a 10-MW solar or hybrid power project in Maharashtra. In a notice to the exchanges, the company said it has received approval from the Maharashtra Energy Development Agency to develop the project at its existing wind farm project in Dhule. The company, which hopes to benefit from the government’s policy to boost renewable power generation, plans to convert its existing wind farms in Rajasthan and Gujarat to hybrid power projects.

Volumes jump at L&T counter

2017-06-21 indiainfoline
S H Kelkar and Company, Veto Switchgears and Cables, Great Eastern Shipping Company and Himatsingka Seide are among the other stocks to see a surge in volumes on BSE today, 21 June 2017.

Shipping stocks in rough seas as freight rates continue to fall

2017-05-23 thehindubusinessline
Stocks of shipping companies such as Shipping Corporation, Essar Shipping and Great Eastern Shipping have been falling since April following the continuous weakness in freight rates.

Great Eastern Shipping to raise Rs150 crore via NCDs

2017-05-23 livemint
Great Eastern Shipping Company announced that the debenture issue committee has approved raising up to Rs150 crore via issuance of non- convertible debentures

Great Eastern Shipping to raise Rs 150 cr via NCDs

2017-05-23 thehindubusinessline
Great Eastern Shipping Company today announced that the debenture issue committee has approved raising up to Rs 150 crore via issuance of non-convertible debentures on private placement basis.

G E Shipping sinks after reverse turnaround in Q4

2017-05-08 indiainfoline
Great Eastern Shipping Company lost 3% to Rs 414 at 11:35 IST on BSE after the company reported net loss of Rs 34.16 crore in Q4 March 2017, compared with net profit of Rs 24.15 crore in Q4 March 2016.

Great Eastern Shipping Company reports consolidated net loss of Rs 34.16 crore in the March 2017 quarter

2017-05-06 indiainfoline
Great Eastern Shipping Company reports consolidated net loss of Rs 34.16 crore in the March 2017 quarter

The Great Eastern Shipping Company

2017-05-05 indiainfoline
The company has two main business : shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. The offshore business services to the oil companies in carrying out offshore exploration and production activities, through its subsidiary Greatship (India) Limited.

Is it time to load up on shipping stocks? Baltic Dry Index signals as much

2017-04-27 moneycontrol
After a long break, Baltic Dry Index, which tracks global shipping rates, has once again started to move. It had corrected almost 95 percent from the levels of 12,000 in May 2008. Till the middle of last year, it was hovering around 630 levels. The upward movement started this year and the Index is currently at 1200 levels.