Great Eastern Shipping Company’s (GE Shipping) wholly owned-subsidiary - GreatShip (India) (GIL) has received in principle approval for the merger of Greatship Global Holdings, Mauritius (GGHL), its wholly-owned subsidiary into GIL.
On GGHL’s merger with GIL, Greatship Global Offshore Services (a wholly owned subsidiary of GGHL) will become a direct wholly owned subsidiary of GIL. The board of directors at their meeting held on August 7, 2017, has approved for the same.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.
