Great East­ern Ship

The Economic Times - - Companies -

The coun­try’s largest pri­vate shipliner has been re­port­ing sta­ble num­bers de­spite greater un­cer­tainty in the ship­ping in­dus­try ow­ing to timely pur­chase and sale of ves­sels, bal­anced fleet com­po­si­tion and mod­est bor­row­ing com­pared to its more ag­gres­sive peers. Its pres­ence in the high-mar­gin off­shore seg­ment pro­vides it rev­enue vis­i­bil­ity go­ing ahead, re­duc­ing volatil­ity in rev­enues and pro­vid­ing cush­ion to its earn­ings. Its low lever­age will also en­able it to ex­pand its fleet at the right time to main­tain growth.

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