Great Eastern Shipping Company Limited | 2023

Last updated on October 28th, 2023 at 12:36 pm

Overview

  • The Great Eastern Shipping Company Limited is one of India’s leading private-sector shipping companies in 2023.
  • The Great Eastern Shipping Company Limited is located at Ocean House, 134/A, B Wing, BDD Chawls Worli, Worli, Mumbai, Maharashtra 400018.
  • It was founded in 1948, and for over 75 years, the company has been sailing and transporting various types of goods and products.
Market CapitalVessels TankersDry Bulk Carriers
US $0.98 Billion Company 43 Vessels29 Tankers14 Dry Bulk Carriers

Founded In1948(75 years old)
Indian Employee Count500+
OwnershipPublic
HeadquartersMumbai, India
LeadershipK. M. Sheth (Chairman) Bharat K. Sheth, (MD)
Websitewww.greatship.com

History 

The Great Eastern Shipping Company Limited’s founding fathers were brilliant visionaries who excelled over all difficulties and laid the foundations for – The brilliant Eastern Shipping Co. Ltd. Mulji (Sheth) brothers and the Bhiwandiwalla family founded the company.

The Great Eastern Shipping Company’s prosperity can be traced back to two families: the Sheths and the Bhiwandiwallas. They established their own shipping company to aid in expanding their commercial operations. 

They received their first ship, the SS Fort Elice, in 1948 and began sailing under the command of Vasant J. Sheth.

 They aggressively pursued new prospects, initially offering sea-logistics support and eventually expanding into tramp shipping and offshore oil field services, which was unprecedented in the business. They set an example for others to follow with their capacity to overcome difficulties and grab opportunities.

Jag Amisha of Greta Eastern Shipping

Services and Offerings by Great Eastern Shipping

The Great Eastern Shipping Company is a leading player in the shipping and offshore industry, excelling in transporting crucial goods and providing valuable services to oil companies. Their ISO certifications demonstrate their dedication to excellence and responsible practices.

The Great Eastern Shipping Company is a company that operates two main businesses: Shipping and offshore services. In the shipping business, they transport essential items like crude oil, petroleum products, gas, and dry bulk commodities. 

Their offshore business, on the other hand, caters to oil firms, assisting them with offshore exploration and production activities through their subsidiary, Greatship (India) Limited.

A remarkable achievement of the shipping business is that they have been awarded the prestigious ISO certifications – ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. These certifications highlight their commitment to maintaining high-quality standards, environmentally responsible practices, and ensuring the safety and well-being of their employees.

Brief Description

Great Eastern Shipping Company (G.E. Shipping) is a prominent player in the International Maritime Industry. Operating across two main sectors, they have a strong presence in both dry bulk carriers and tankers, which handle oil, chemicals, and gas transportation. Major industry giants like SHELL, BP, ExxonMobil, CHEVRON TEXACO, TOTALFINA, and others have granted approvals to their tanker operations.

As of March 31st, 2022, their fleet comprises 45 vessels, with 31 tankers and 14 bulk carriers, totaling an impressive 3.57 million Deadweight Tonnes, boasting an average vessel age of 13-19 years.

Great Eastern Shipping is an industry leader, in international oil companies, and governments vouch for their services, Great Eastern Shipping has earned the esteemed status of being the preferred shipping service provider. Their deep understanding of the global market and ability to anticipate evolving market needs have further solidified their position.

Great Eastern Shipping efficiently operates its vessels through voyage charter (spot) and period charter (time). Additionally, the company management system is recognized for its quality, environmental, and occupational health and safety standards, being certified to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 by DNV-GL.

Safety and Environmental Protection Initiatives

Safety

  • Safety is the top priority at Great Eastern Shipping, and it is strictly followed and implemented.
  • The concept of “Safety” encompasses not only the well-being of crew and cargo but also extends to environmental protection and regular maintenance and upgrades of vessels.
  • The company has a proactive safety culture in place.
  • Great Eastern Shipping takes initiatives to integrate and enforce strict safety measures to protect and preserve the environment.
  • The company’s commitment to safety is unwavering, reflecting a non-compromising attitude toward ensuring safety in all aspects of its operations.

Environmental Protection Initiatives

  • The company takes proactive steps to follow the law and be ahead of any new regulations. They make sure that the significant environmental effects are considered when creating and maintaining their environmental management system.
  • The company has set up procedures to identify the environmental effects of its operations on both ships and shore-based activities. These procedures consider what the company can control and influence. They also take into account any planned or new developments or changes in activities and services. The company decides which environmental effects are important and can have a big impact on the environment. They keep a record of this information and update it regularly.

How to Join The Great Eastern Shipping Company as a Sailor?

Great Eastern Shipping Company in India recruit Cadets for their ship from their institute Great Eastern Institute of Maritime Studies. Which is a cutting-edge maritime institute in India located in Lovala, Tungarli between Pune and Mumbai Expressway.

GEIMS has received “CRISIL Grade 1” accreditation. Based on the best infrastructure, excellent classroom facilities, an e-library, science & electricity/electronic laboratories, IT facilities, Sports & Gymnasium, this Grade indicates that the quality of education imparted for the above course at the institute is “Outstanding” about the course objectives as stated by the Directorate General of Shipping (DGS).

GEIMS offers Placement opportunities with The Great Eastern Shipping and leading International Shipping companies. GEIMS received an “A” Excellent grade in the DGS Comprehensive Inspection program.

To get information about the eligibility criteria for DNS SPONSORSHIP, Click Here

Courses offered by the Great Eastern Maritime Studies

CourseSeat Available 
General Purpose Rating Training (GP Rating)40
Diploma Nautical Science (DNS)80 {40 (Feb) and 80 (Aug) Total 120 respectively}
Electro Technical Officer (ETO)40
Graduate Marine Engineering(GME)40

More than 1300 employees of Great Eastern Shipping Company are there in India.

Get more information about MARITIME INSTITUTE IN INDIA

Marine Colleges in India

List of Ship in Great Indian Shipping Company

Name of VesselType of Vessel
JAG LOKOil Tanker
JAG LALITOil Tanker
JAG LEENAOil Tanker
JAG LAKSHYAOil Tanker
JAG VIKRAMGas Carrier
JAG RAJIVBulk Carrier

Refer to this link to get more information about the Types of Ship

Conclusion

This blog has covered almost all of the aspects of Great Eastern Shipping from its beginning to its amazing growth and how they have emerged as one of the prominent shipping giants in India. However, there are many other things that we couldn’t include, for instance about Great Institute Maritime Institute. Hence we have covered it in a separate blog, check that out by Clicking Here.

Other Companies in India | Shipping Companies in Merchant Navy

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments