MoneyWorks4Me

GE Shipping’s arm concludes acquisition of GGES

30 Mar 2017 Evaluate

Great Eastern Shipping Company’s (GE Shipping) wholly-owned subsidiary - Greatship (India) (GIL), has completed the acquisition of shares of Greatship Global Energy Services (GGES) from Greatship Global Holdings (GGHL), a wholly-owned subsidiary of GIL, thereby making GGES the direct 100% wholly owned subsidiary of GIL with effect from March 28, 2017.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.


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