Published on 17/02/2017 4:52:59 PM | Source: Dion Global Solutions Ltd.

GE Shipping arm delivers `Greatship Disha` to buyers

Posted in Stock Market | #Stock Market #Shipping and Logistics Sector #Great Eastern Shipping Company Ltd


Country's largest private sector shipping company Great Eastern Shipping Company Ltd (GE Shipping) on Friday said that its arm Greatship (India) Ltd (GIL) has delivered ‘Greatship Disha’ to the buyers. “Greatship (India) Ltd (GIL), a wholly owned subsidiary of the Great Eastern Shipping Company Ltd, has sold and delivered its 1999 built Platform Supply Vessel (PSV) ‘Greatship Disha’, to the buyers,” the company said in a filing to the Bombay Stock Exchange on February 17, 2017.

With the delivery of this vessel to the buyers, GIL and its subsidiaries currently own and operate four PSVs, eight AHTSVs, two MPSSVs, five R-Class Supply Vessels and four jack-up rigs, the company said in a statement. Meanwhile, shares of the company closed at Rs 360 apiece, up 2.24 per cent, from previous close on BSE.