Great Eastern Shipping discloses BRSR 2025-26 verified by DNV

1 min read     Updated on 09 Jul 2026, 11:40 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

The Great Eastern Shipping Company Limited released its Business Responsibility and Sustainability Report for FY 2025-26, disclosing ESG metrics verified by DNV. The report details Scope 1 emissions of 810,210.573 MT CO2e, a CSR spend of ₹44 crore, and a workforce of 2,176 employees.

powered bylight_fuzz_icon
45123034

*this image is generated using AI for illustrative purposes only.

The Great Eastern Shipping Company Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing environmental, social, and governance metrics verified by DNV Business Assurance India Private Limited. The report highlights the company's decarbonization efforts, including the successful bunkering of a Suezmax crude oil tanker on a B30 biofuel blend and the installation of energy-saving devices across its fleet. The company reported total Scope 1 emissions of 810,210.573 MT CO2e and total Scope 2 emissions (market-based) of 764.028 MT CO2e for the year.

Environmental Performance

The company’s total energy consumption for FY 2025-26 stood at 10,318,425.319 GJ, with energy intensity per rupee of turnover recorded at 0.000281998. Water consumption totaled 100,136.435 kilolitres, with an intensity of 0.00000274 KL per rupee of turnover. The company generated 5,556.65 m³ of waste, of which 73.56 m³ was recycled. To mitigate environmental risks, the company identified oil spills as a material issue and noted that this risk is largely covered by insurance.

Social and Governance Metrics

The company reported a workforce of 2,176 employees, comprising 304 shore staff and 1,872 floating staff. Women constituted 26.64% of the shore staff and 0.21% of the floating staff. The Lost Time Injury Frequency Rate (LTIFR) for employees was 0.31 per million person hours worked, with three total recordable work-related injuries and no fatalities. The company spent 0.09% of its total revenue on employee well-being measures. Gross wages paid to females accounted for 4.27% of total wages.

Corporate Social Responsibility

The company contributed ₹44 crore towards Corporate Social Responsibility (CSR) activities during FY 2025-26. CSR initiatives included projects in aspirational districts such as Namsai in Arunachal Pradesh and Kanker in Chhattisgarh, focusing on education, healthcare, and livelihood enhancement. The Great Eastern Foundation, a subsidiary, manages these CSR activities.

Key Financial and Operational Data

Metric FY 2025-26
Total Scope 1 Emissions 810,210.573 MT CO2e
Total Scope 2 Emissions (Market Based) 764.028 MT CO2e
Total Energy Consumed 10,318,425.319 GJ
Total Water Consumption 100,136.435 KL
Total Waste Generated 5,556.65 m³
CSR Contribution ₹44 crore
LTIFR (Employees) 0.31

Historical Stock Returns for Great Eastern Shipping Company

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%-0.48%-1.28%+30.39%+39.28%+280.57%

What are the company's specific targets for reducing Scope 1 and Scope 2 emissions over the next five years?

How will the successful B30 biofuel bunkering influence the company's future fuel procurement strategies for the rest of the fleet?

What measures is the company implementing to significantly increase the low percentage of women in floating staff roles?

Great Eastern Shipping Company
View Company Insights
View All News
like18
dislike

GE Shipping contracts to buy secondhand LR2 tanker of 110,000 dwt

0 min read     Updated on 17 Jun 2026, 01:25 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Great Eastern Shipping Company Limited contracted to buy a secondhand Long Range 2 Tanker of about 110,000 dwt on June 16, 2026. The 2015-built vessel, financed through internal accruals, is expected to join the fleet in Q2 FY27. The company currently owns 39 vessels aggregating 3.19 mn dwt and has also contracted to buy a secondhand Medium Range Product Tanker in Q1 FY27.

powered bylight_fuzz_icon
43150622

*this image is generated using AI for illustrative purposes only.

Great Eastern Shipping Company Limited has contracted to buy a secondhand Long Range 2 (LR2) Tanker of about 110,000 dwt to expand its fleet. The acquisition, finalized on June 16, 2026, involves a 2015-built vessel expected to join the company's fleet in Q2 FY27. The vessel will be financed entirely from internal accruals.

The company's current owned fleet comprises 39 vessels aggregating 3.19 mn dwt, with capacity utilization close to 100%. The fleet includes 24 Tankers and 15 Dry Bulk Carriers. Additionally, the company has contracted to buy one secondhand Medium Range Product Tanker, with the transaction expected to be completed in Q1 FY27.

Fleet Composition

The company's current operational assets are distributed across the following categories:

Category: Vessel Type: Count:
Tankers Crude Tankers 5
Tankers Product Tankers 15
Tankers LPG Carriers 4
Dry Bulk Carriers Capesize 2
Dry Bulk Carriers Kamsarmax 10
Dry Bulk Carriers Ultramax 1
Dry Bulk Carriers Supramax 2

Historical Stock Returns for Great Eastern Shipping Company

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%-0.48%-1.28%+30.39%+39.28%+280.57%

How will the addition of the LR2 tanker impact Great Eastern Shipping's revenue mix between its tanker and dry bulk segments?

What are the expected charter rates for LR2 tankers in Q2 FY27, and how might they influence the company's profitability?

Will Great Eastern Shipping continue to expand its fleet through secondhand acquisitions, or does it plan to invest in newbuildings?

Great Eastern Shipping Company
View Company Insights
View All News
like18
dislike

More News on Great Eastern Shipping Company

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+39.28%