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Greatship announces sale of two assets

Greatship announces sale of two assets

Mumbai: Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping has announced that it has signed a contract to sell its 2003 built Platform Supply Vessel - "Greatship Diya". The 3350dwt PSV is slated for delivery to the buyers in Q1 FY11.

Additionally, Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of GIL, has also contracted to sell its Platform/ROV Support Vessel is currently under construction. The 3000 dwt vessel, to be named "Greatship Rekha", is expected to be delivered to the buyers in Q4 FY10.

The current owned and / or operated fleet of GIL and its subsidiaries stands at six PSVs, eight AHTSVs, two jack up rigs and one MPSSV. The current order book of GIL and its subsidiaries comprises of eleven vessels - three MPSSVs in Singapore, two MSVs in India, four ROVSVs in Sri Lanka and two 150 TBP AHTSVs in Batam.