GREAT EASTERN SHIPPING CO.LTD. (500620)

Overview

The Great Eastern Shipping Company Limited is a prominent entity in the maritime industry, with a substantial presence in both India and the international market. Since its incorporation in 1948, the company has been pivotal in the shipping and offshore business sectors. Its core operations encompass the transportation of essential commodities such as crude oil, petroleum products, gas, and various dry bulk commodities. As of April 12, 2024, The Great Eastern Shipping Company Limited boasts a diverse fleet of 43 vessels, which includes a mix of tankers and dry bulk carriers, summing up to an impressive total dwt (deadweight tonnage) of 3.41 million. This extensive fleet allows the company to meet a wide range of transportation needs across the globe. Headquartered in Mumbai, India, the firm is a testament to the country's growing influence in the maritime sector.

Products and Services

• Crude Oil Transportation:

  Utilizing its fleet of 6 crude carriers, The Great Eastern Shipping Company Limited offers reliable and efficient transportation services for crude oil across international waters, contributing significantly to the global oil supply chain.

• Petroleum Products Transportation:

  The company capitalizes on its 19 product carriers to transport a variety of petroleum products. This service is crucial for meeting the energy needs of nations and industries worldwide.

• Gas Transportation:

  With 4 specialized LPG carriers, The Great Eastern Shipping Company Limited provides essential gas transportation services, facilitating the delivery of liquefied petroleum gas to various markets around the globe.

• Dry Bulk Commodities Transportation:

  The firm operates 14 dry bulk carriers that are designed to transport a wide range of dry bulk commodities such as grains, coal, and minerals. This service plays a vital role in the global supply chain of various raw materials.

• Offshore Oilfield Services:

  Beyond shipping, The Great Eastern Shipping Company Limited extends its expertise to the offshore oilfield sector. It owns and/or operates a range of offshore supply vessels and mobile offshore drilling rigs, thereby supporting the exploration and production activities in the offshore oil and gas industry.