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GE Shipping rises after subsidiary inks deal to acquire one anchor handler
  • GE Shipping rises after subsidiary inks deal to acquire one anchor handler

    10 January 2023

    Great Eastern Shipping Company advanced 1.95% to Rs 660 after the company announced that its subsidiary has entered into a contract for acquiring one anchor handling tug cum supply vessel. In an exchange filing made during market hours today, the company said that Greatship (India) (GIL), a wholly owned subsidiary of The Great Eastern Shipping Company, has signed a contract to buy a 2007 built 80T anchor handling tug cum supply vessel (AHTSV). The vessel is expected to join the company's fleet during (14 FY2023, Great Eastern Shipping added. GIL and its subsidiaries currently own and operate four platform supply vessels (PSVs), eight AHTSVs, two multipurpose platform supply and support vessels (MPSSVs), four R- class Supply Vessels and four Jack up Rigs.

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