Private equity firms have stayed away from investing in shipping, ports and logistics for two years in a row. ´PEs have stopped coming into the sector and there is no easy money for the shipping business,´ G Shivakumar, CFO, Great Eastern Shipping, said in the third quarter earnings conference call.
FlashNews:
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Land Pooling Sinks under Flip Flops!
Gods or Demi-Gods cannot prevent a stampede
RAHSTA to showcase cutting-edge road construction tech, says NCC Director
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Tag: Great Eastern Shipping
GE Shipping fleet to get two more dry bulk carriers
Great Eastern Shipping on July 25 said it has placed orders with a Japanese company for building two dry bulk carriers. GE Shipping has placed an order for two new Kamsarmax dry bulk carries with Tsuneishi Shipbuilding company, Japan, the country's largest private sector shipping firm said in a statement. These vessels will be built at the Yard's facility in Philippines, it said, without giving financial details
Net profit of Great Eastern rises on forex gains
The consolidated net profit of Great Eastern Shipping more than doubled to Rs 192 crore during October-December 2012 from Rs 87.46 crore in the year-ago period. The company cited forex gains and decline in interest costs as major reasons for the rise in net profit
Analysis: Strategies, opportunities and challenges in MA 2020
Everyone is excited, as the government has brought forth an implementable plan of action for the first time. Now to frame regulations and policies around it.