“We are seeing interest from institutional as well as retail investors in the offshore market including non-resident Indians,”says the MD o...

The Baltic dry index is at a multi-year high but experts said that for shipping stks to generate good returns, it would have to move up to ...

BNY Mellon filed winding-up petition against GOL Offshore after the latter failed to pay up $42 million dues.

Great Offshore's net profit in the financial year 2011-12 fell by 27% to Rs 74.34 crore as against Rs 101.7 crore in the year ago period.

Going forward, the freight rates are unlikely to improve as oversupply situation is unlikely to correct at least till 2013.

Reliance Industries Ltd (RIL), India’s largest company , will become debt-free in a year, a positive fallout from selling stake in its oil ...

Alok Industries is going to see a change in its profile of earnings and ROEs.

Leading offshore oilfield services provider Great Offshore on Wednesday reported an about 10.51 per cent decline in standalone net profit.

The Aban Offshore scrip crashed 19% on Friday after news broke out that its drillship, Aban Pearl, had sunk in Venezuelan waters.

We maintain stock specific moves on a day to day basis says Ashit Suri, Fundamental Research Analyst, JV Capital Services.

The Bharati Shipyard stock rose 17% as the country’s second-largest private shipmaker moved closer to the acquisition of Great Offshore.

ABG Shipyard, which is engaged in a takeover battle to acquire Great Offshore, has allged that the board of the target company is tilted in...

CMP: RS 250

Great Offshore on Tuesday acquired 100 per cent equity stake in two companies namely KEI- RSOS Maritime Ltd.

Morgan Stanley has initiated coverage on Aban Offshore with an ‘overweight’ rating and price target of Rs 4,913. "We expect Aban to benefit...

Great Offshore (GOL), the entity carved out of Great Eastern Shipping, will make its debut on the bourses on Thursday. Analysts expect GOL ...