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24 April 2024

Great Eastern gains after modifying contract

Great Eastern gains after modifying contract. (AFP)

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By Staff Writer

Great Eastern Shipping shares gained in Mumbai trading after the company said a contract with Hyundai Heavy Industries for building of two Suezmax crude carriers has been modified to allow for building of three Very Large Crude Carriers instead of the Suezmaxes. Great Eastern added one per cent to Rs297.9 yesterday morning.