Government Pension Fund Global (Norway) reduced its stake in The Great Eastern Shipping Company Limited from 2.13% to 1.41% by selling 10,21,732 shares.
A major player in India's shipping and oil drilling services industry, The Great Eastern Shipping Company operates a diversified fleet for cargo transportation and offshore energy support. The company provides integrated maritime solutions through its subsidiaries, serving both domestic and international markets. Its distinctive position combines conventional shipping operations with specialized offshore drilling services, establishing it as a vertically integrated maritime operator with comprehensive capabilities across multiple service segments and geographic regions.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
