HISTORY

G E Shipping owes its success to the foresightedness of two families - the Sheths and the Bhiwandiwallas, who started their own shipping line to help expand the reach of their trading businesses. In 1948, after obtaining the mothballed Liberty ship, SS Fort Elice, G E Shipping began its maiden voyage under the entrepreneurial genius of Vasant J. Sheth and steered ahead confidently, tasting new waters and exploring new avenues. From providing sea-logistics support in its initial years to venturing in tramp shipping, to diversifying into offshore oil field services, much against the industry norms, the company has often swum against the tide and in the process, turned the tides in its favour, thereby laying a path for others to follow.

FOUNDERS

The founding fathers of G E Shipping were great visionaries who excelled despite all odds and laid the foundation of - The Great Eastern Shipping Co. Ltd. The Company was promoted by Mulji (Sheth) brothers and Bhiwandiwalla family.

MR. MANEKLAL UJAMSHI MULJI

Maneklal Ujamshi Mulji was involved in textile business and later, in the establishment of an efficient network for the distribution of sugar. He was a man known for his organizing capability. His role in the efficient distribution of sugar along with his brother Jagjivan had earned him the sobriquet of 'Sugar King'. He supported and helped Jagjivan, in establishing G E Shipping in its initial years.

MR. ARDESHIR HORMUSJI BHIWANDIWALLA

Ardeshir Hormusji Bhiwandiwalla, the financing partner of the Ujamshi brothers supported the initial endeavours of the Sheth brothers as sugar traders and together they emerged as the largest sugar-importing firm in India. He helped G E Shipping grow right from the acquisition of its first ship to its transformation into a reputed firm. The propelling force of G E Shipping as its first Chairman from 1948-1973, the company honoured him by embossing his initials AHB on the company's house flag and funnel of all its vessels.

MR. JAGJIVAN UJAMSHI MULJI

Jagjivan Ujamshi Mulji, was a businessman by instinct, nationalist by thinking and a humanist by tradition. His first name, ‘Jag’ translates to 'the universe’, and adorns as a prefix to every ship of G E Shipping. Initially into textile business, he eventually started a sugar-trading firm in partnership with the Bhiwandiwallas. Popular as 'Sugar Bapa', he fathered the culture of fair-price shops for an efficient distribution network of sugar in the country. It was in the sugar importing business that he acquired commendable expertise in the business of chartering ships, which eventually helped in laying the foundation of the company.

MR. VASANT J. SHETH

Vasant J. Sheth, son of Jagjivan Ujamshi Mulji, was the prime architect in setting up and running G E Shipping. Under his vision, dynamism, entrepreneurial skills and business acumen, G E Shipping pioneered tramp shipping in India. A spokesman for the freedom of operation for Indian shipping, he waged the campaign for almost four decades. Beyond business, Vasant actively promoted the cause of maritime education and was involved in a number of philanthropic activities.

Board of Directors

Committees of Board of Directors

Audit
Committee

Mr. T. N. Ninan, Chairman
Mrs. Bhavna Doshi
Mr. Berjis Desai
Mr. Raju Shukla
Ms. Rita Bhagwati

Nomination and Remuneration
Committee

Dr. Shankar N. Acharya, Chairman
Mr. Berjis Desai
Mr. Raju Shukla
Ms. Rita Bhagwati
Mr. Uday Shankar

Stakeholders' Relationship
Committee

Mr. Shivshankar Menon, Chairman
Mr. Bharat K. Sheth
Mr. G. Shivakumar

Corporate Social Responsibility
Committee

Ms. Rita Bhagwati, Chairman
Dr. Shankar N. Acharya
Mr. Bharat K. Sheth

Risk Management
Committee

Mr. Bharat K. Sheth, Chairman
Mr. Shivshankar Menon
Ms. Rita Bhagwati
Dr. Shankar N. Acharya
Mr. T.N. Ninan
Mr. G. Shivakumar

Investor Services Committee

Mr. K. M. Sheth, Chairman
Mr. Bharat K. Sheth
Mr. Ravi K. Sheth
Mr. Berjis Desai
Mr. G. Shivakumar

Human Resources

Business Functions

Corporate Functions