₹1,412.20About Great Eastern Shipping Co.Ltd.
Incorporated in August 1948, The Great Eastern Shipping Company Limited (G E Shipping) is an India-based shipping and oilfield services company with a presence in the international maritime industry spanning more than six decades. The Company was promoted by the Sheth and Bhiwandiwalla families and commenced its shipping operations in 1948. Over the years, it expanded from sea-logistics support and tramp shipping into offshore oilfield services.
The Company operates through two principal business segments, namely Shipping and Offshore. Its Shipping business is engaged in the transportation of crude oil, petroleum products, gas and dry bulk commodities, primarily through its tanker and dry bulk carrier fleet. The Company serves a diverse clientele comprising industry leaders, international oil companies and government entities and has established a presence in the global maritime industry. Its shipping operations are certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 standards.
The Company’s Offshore business provides services to oil companies engaged in offshore exploration and production activities through its subsidiary, Greatship (India) Limited. The offshore operations complement its shipping business and provide exposure to the oilfield services sector.
G E Shipping operates a diversified fleet comprising tankers and dry bulk carriers. As per the Company’s current business information, its fleet comprises 40 ships aggregating approximately 3.25 million DWT, including crude oil carriers and other vessels. The Company also actively manages its fleet through vessel acquisitions and sales based on market conditions and business requirements.
