Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

GE Shipping halts demerger

Mumbai: Great Eastern Shipping has cancelled a plan to spin off its offshore business into a new unit called Great Offshore that was established in April. The move follows the announcement earlier this week of disappointing Q1 results that saw net profit fall 22%.  [03/08/06]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish