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Our Bureau

Mumbai Sept 8

Greatship India Ltd (GIL), the wholly-owned subsidiary of Great Eastern Shipping Co, has inked a joint venture with DOF Subsea ASA of Norway to focus on sub-sea project opportunities in the Indian subcontinent.

DOF is a global supplier of sub-sea services, with the core business being execution of complex sub-sea operations down to depths of 4,000 m. GIL has six marine assets operating across the world.

Mr. Ravi Sheth, GIL Managing Director, said “we are bullish on the prospects of offshore oilfield development off the East Coast of India and we expect the joint venture to be a leading player in the sub-sea construction domain.”

More Stories on : Shipping/Ports | Alliances & Joint Ventures

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