A significant participant in the Indian shipping and oil drilling services sector is Great Eastern Shipping Company Ltd. and its affiliates. This Indian shipping company, also called GE Shipping, specializes in the bulk transportation of liquid, gas, and solid goods. Crude oil, gas, petroleum products, and dry bulk commodities are all transported by the company. Additionally, the company provides offshore oilfield services, such as the ownership and/or management of mobile offshore drilling rigs and offshore supply vessels.
Great Eastern Shipping Quick Overview
| Particular | Details |
| Company Name | The Great Eastern Shipping Company Limited |
| Type | Public Listed Shipping & Offshore Services Company |
| Industry | Marine Shipping – Tankers, Bulk Carriers & Offshore Support |
| Founded / Incorporated | 1948 |
| Founders / Origin | Promoted by the Sheth & Bhiwandiwalla families to expand maritime trade operations |
| Headquarters | Worli, Mumbai, Maharashtra, India |
| Chairman & MD | Bharat Kanaiyalal Sheth (Chairman & MD) |
| Core Business | Transportation of crude oil, petroleum products, gas & dry bulk commodities; offshore support services |
| Major Products / Services | Tanker operations (crude & product carriers), LPG carriers, dry bulk carriers, offshore supply vessels & drilling support via subsidiary Greatship (India) Ltd. |
| Fleet Size | ~38 vessels (including tankers & dry bulk carriers) aggregating ~3.04 million DWT |
| Area Served | Worldwide maritime trade routes (global shipping operations) |
| Employees | ~240+ core corporate workforce (fleet crews separate) |
| Market Position | India’s largest private sector shipping company |
| Subsidiaries / Affiliates | Greatship (India) Limited, international subsidiaries in London, Singapore & UAE |
| Stock Exchange Listing | NSE & BSE (Ticker: GESHIP) |
| ISIN | INE017A01032 |
| Financial Snapshot (2025) | Revenue ~₹53.2 billion; Market Cap ~₹158 billion; Dividend ~2.54% (approx.) |
| Certifications | ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 for quality & safety standards |
| Official Website | greatship.com |
Net Worth and Market Cap
The market capitalization or net worth of Great Eastern Shipping is INR 167.44 billion. 98.76 billion is the enterprise value.
Corporate leadership
Mumbai, India is home to the Great Eastern Shipping Company Limited, which was established in 1948. The Sheth and Bhiwandiwalla families founded it. The company’s MD is Bharat K. Sheth, and its chairman is K. M. Sheth.
Overview of Services
Through its subsidiaries, the Great Eastern Shipping Company Limited conducts offshore and shipping operations both domestically in India and abroad. Crude oil, liquified gas, petroleum products, and dry bulk goods are all transported by the shipping industry.Through its fully owned subsidiary Greatship (India) Limited, GE Shipping provides exploratory drilling rigs, offshore support vessels, and other services as part of its offshore business.
Scale of Operations
The two primary business segments of GE Shipping are shipping and offshore. Its fleet of 38 ships consists of 12 dry bulk carriers, including 8 kamsarmax, 2 capesize, and 2 supramax, totaling 3.04 million dwt, and 26 tankers, including 5 oil carriers, 17 product carriers, and 4 LPG carriers.
