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GE Shipping announces Q1 results

Great Eastern Shipping Company Ltd (GE Shipping) has announced the following Unaudited results for the quarter ended June 30, 2008:
The Company has posted a net profit after tax of Rs 3875.90 million for the quarter ended June 30, 2008 as compared to Rs 4210.40 million for the quarter ended June 30, 2007. Total Income has […]

GE Shipping Board declares third interim dividend

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2008, inter alia, has declared:
a. 3rd interim dividend of Rs 5.00 per share for the financial year 2007-08.
b. a one time Special Jubilee interim dividend of Rs 2.50 per share.

The […]

GE Shipping announces Q4 & FY 08 results

Great Eastern Shipping Company Ltd (GE Shipping) has announced the following results for the quarter & year ended March 31, 2008:
The Un-audited results for the Quarter ended March 31, 2008
The Company has posted a net profit of Rs 2994.10 million for the quarter ended March 31, 2008 as compared to Rs 2409.20 million for the […]

GE Shipping - Press Release

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that Greatship (India) Ltd (GIL), a wholly owned subsidiary of the Company has taken delivery of new built Anchor Handling Tug cum Supply Vessel (AHTSV). The AHTSV, “Greatship Amrita”, which was contracted by GIL in August 2006, is a DP2, FiFi 1 vessel with maximum […]

GE Shipping delivers its non-double hull Panamax product carrier to buyers

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company has
delivered its non-double hull Panamax Product carrier “Jag Arpan” to the buyers. The 1986 built 66,183 dwt ship was contracted to be sold in January 2008.
With the delivery of this vessel, the Company’s current fleet stands at 45 vessels, comprising 32 tankers (12 […]

GE Shipping contracts to sell single hull GP product tanker

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company has contracted to sell its 1982 built single hull General Purpose (GP) product tanker “Jag Praja” (29,990 dwt). The vessel will be delivered to the buyers in Q1 FY 2008—09.
The decision to sell this ship is in line with the Company’s strategy of […]

GE Shipping contracts to sell Handysize dry bulk carrier

Great Eastern Shipping Company Ltd (GE Shipping) has announced that the Company has contracted to sell its Handysize dry bulk carrier “Jag Vikas” (1977 built, 26,781 dwt). The ship is scheduled to be delivered to the buyers during Q1 FY2008-09.

The Company’s decision to sell the ship was guided by the age/valuation of the ship.
The Company’s […]

GE Shipping - “Jag Anjali” delivered to the buyers

Great Eastern Shipping Company Ltd (GE Shipping) has informed BSE that the Company has delivered its non-double hull Panamax crude tanker “Jag Anjali” to the buyers. The 1986 built 66,203 dwt ship was contracted to be sold in January 2008.
With the delivery of this vessel, the Company’s current fleet stands at 46 vessels, comprising 33 […]