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Company type | Public company |
---|---|
BSE: 500620 NSE: GESHIP | |
Industry | Shipping |
Founded | 1948[1] |
Headquarters | Worli,Mumbai,Maharashtra |
Key people | |
Revenue | ₹42.00 billion (US$500 million)[3] |
Website | www![]() |
The Great Eastern Shipping Company Limited (also known asGE Shipping) is an Indianshipping company which primarily transports liquid, gas and solid bulk products.[4] As of 2023, the company is the largest private sector shipping company in India.[5]
The Great Eastern Shipping Company Limited (also known as GE Shipping) was founded by the Sheth family and the Bhiwandiwalla family, who started GE Shipping to assist in expanding the reach of their trading businesses.[6] As of 2023, GE Shipping has over 500 employees.[7] The company ispublicly traded on India's two main stock exchanges, theBombay Stock Exchange and theNational Stock Exchange.[8]
GE Shipping's business is divided into two main segments, shipping and offshore.[9] The shipping business is involved in the transportation ofcrude oil,petroleum products,liquified gas anddry bulk commodities.[10] The company's offshore business involves conducting offshore exploration and production services, which GE Shipping does by providing exploratory drilling rigs, offshore support vessels and other services, through its wholly owned subsidiary Greatship (India) Limited.[11] GE Shipping has been certified SO 9001: 2015, ISO 14001: 2015 and ISO 45001: 2018 standards by DNV.GL.[12]
As of 2022, GE Shipping has a fleet of 42ships, which includes 8crude tankers, 18 product carriers, 5gas carriers and 14 drybulk carriers.[13]
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