The Great Eastern Shipping Company Limited has received an Environmental, Social, and Governance (ESG) score of 69.3 from SES ESG Research Private Limited, a SEBI-registered ESG rating provider. The company announced this development to stock exchanges on March 30, 2026.

ESG Rating Details

The ESG assessment was conducted independently by SES ESG Research Private Limited without any direct engagement from Great Eastern Shipping Company. The rating provider assigned the overall ESG score based entirely on publicly available company data and information.

Company Communication

Great Eastern Shipping Company formally notified both major Indian stock exchanges about the ESG rating assignment. The communication was sent to BSE Limited and the National Stock Exchange of India Limited, ensuring compliance with disclosure requirements.

The company specifically clarified that it had not commissioned or engaged SES ESG Research Private Limited for the ESG rating process. This independent assessment reflects the rating provider's evaluation methodology based on available public information about the company's environmental, social, and governance practices.

Stock Exchange Notification

The formal intimation was signed by Company Secretary Anand Punde and submitted to both exchanges on March 30, 2026. The notification ensures transparency and keeps stakeholders informed about the company's ESG evaluation, even though it was conducted without the company's direct involvement.

Great Eastern Shipping Company has successfully completed the delivery of its Very Large Gas Carrier Jag Vishnu to buyers, marking the conclusion of a significant vessel transaction. The vessel was contracted for sale in Q3 FY26, representing a strategic fleet management decision by the maritime company.

Vessel Transaction Details

The delivered vessel, Jag Vishnu, is a Very Large Gas Carrier that was originally built in 2002. The completion of this delivery represents the successful transfer of the asset from Great Eastern Shipping Company's fleet to the acquiring parties.

Updated Fleet Composition

Following this transaction, Great Eastern Shipping's current owned fleet stands at 40 vessels, comprising 26 Tankers and 14 Dry Bulk Carriers with a total capacity of 3.20 mn dwt. The fleet composition demonstrates the company's diversified maritime operations across multiple vessel categories.

Future Fleet Expansion

The company has contracted to purchase one secondhand Kamsarmax Dry Bulk Carrier, with the purchase transaction expected to be completed by Q1 FY27. This acquisition indicates Great Eastern Shipping's continued investment in expanding its dry bulk carrier segment while optimizing its overall fleet composition through strategic asset management.