Great Eastern Shipping Company contracts to buy secondhand Very Large Gas Carrier,
Great Eastern Shipping Company has contracted to buy a secondhand Very Large Gas Carrier of about 84,048 cbm on 19 December 2025. The 2015 South Korean built vessel is expected to join the Company`s fleet in Q4 FY26. The proposed vessel will be financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet. The Company`s current owned fleet stands at 40 vessels, comprising 26 tankers (6 Crude Carriers, 16 Product Tankers, 4 LPG carriers) and 14 Dry Bulk Carriers aggregating 3.32 Mn dwt. The Company`s current capacity utilization is close to 100%. Powered by Capital Market - Live News
G E Shipping contracts to sell 2011-built Kamsarmax Jag Aarati,
The Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2011 built Kamsarmax Dry Bulk Carrier, Jag Aarati of about 80,324 dwt on December 18, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer in Q4 FY26. Including Jag Aarati, the company`s current owned fleet stands at 40 vessels, comprising 26 tankers (6 crude tankers, 16 product tankers, 4 LPG carriers) and 14 dry bulk carriers (2 Capesize, 10 Kamsarmax, 2 Supramax) aggregating 3.32 mn dwt. The company has contracted to sell one Suezmax crude tanker and this transaction is expected to be completed in Q3 FY26. Additionally, the company has contracted to buy one secondhand Ultramax dry bulk carrier and this transaction is expected to be completed in Q4 FY26. Powered by Capital Market - Live News
Board of Great Eastern Shipping Company recommends 2nd interim dividend,
Great Eastern Shipping Company announced that the Board of Directors of the Company at its meeting held on 7 November 2025, inter alia, have recommended the 2nd interim dividend of Rs 7.2 per equity Share (i.e. 72%) , subject to the approval of the shareholders.Powered by Capital Market - Live News
Great Eastern Shipping Company consolidated net profit rises 1.01% in the September 2025 quarter,
Net profit of Great Eastern Shipping Company rose 1.01% to Rs 581.41 crore in the quarter ended September 2025 as against Rs 575.57 crore during the previous quarter ended September 2024. Sales declined 8.32% to Rs 1241.78 crore in the quarter ended September 2025 as against Rs 1354.40 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1241.781354.40 -8 OPM %58.6348.26 - PBDT824.41686.67 20 PBT600.68481.16 25 NP581.41575.57 1 Powered by Capital Market - Live News
Great Eastern Shipping Company announces board meeting date,
Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Company on 7 November 2025.Powered by Capital Market - Live News
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