Eastern Shipping Corporation

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  GE Shipping Raises Rs 400 Crore By NCDs

  Great Eastern Shipping Company today said it has raised Rs 400 crore through issuance of non-convertible debentures by way of private placement.

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  Great Eastern Shipping Commits $120 Million Capex by 2018

  The shipping firm has committed a capital expenditure of $20 million for the next fiscal and $62 million for 2017-18, GE Shipping said in an investor presentation.

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  Great Eastern Shipping Q3 Net Jumps 51%

  Its total income from operations rose to Rs 947.74 crore during the quarter under review compared with Rs 877.81 crore in the year-ago period.

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  Divers Comb Capsized China Ship, Death Toll Jumps to 18

  Scores of divers cautiously searched a capsized ship in the Yangtze River today for more than 400 missing people, many of them elderly, as the death toll in what could be China's worst shipping disaster in almost 70 years jumped to 18.

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  Divers Comb Capsized China Ship, Premier Li Keqiang Orders Transparent Probe

  More than 200 divers combed a capsized Chinese ship in the Yangtze River on Wednesday looking for more than 400 missing people, many of them elderly Chinese tourists, as Premier Li Keqiang called for a transparent investigation.

• Great Eastern Shipping Q4 Net Falls 20 Per Cent to Rs 66.84 Crore

  Great Eastern Shipping on Wednesday reported a 20 per cent fall in net profit at Rs 66.84 crore for the quarter ended March 2014, mainly due to a hike in fuel prices.

• RBS halts Indian firm's tanker payment due to Iran oil sanctions

  RBS has halted payments to a Greek shipping firm that transported Iranian oil for an Indian shipping company.