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July 03, 2015 8:55 PM ET

Marine

Company Overview of Varun Shipping Co. Ltd.

Company Overview

Varun Shipping Company Limited, a shipping company, owns and operates vessels in the hydrocarbon sector. It offers energy transportation and offshore exploration and production support services. The company deploys liquefied petroleum gas (LPG) carriers on a mix of time charters and spot charters with charterers; provides on time charter, voyage charter, and pool arrangement services; and offshore support vessels for exploration, production, and development of oil and natural gas properties. Varun Shipping Company Limited owns and operates a fleet of 20 vessels, including 10 LPG carriers, 3 crude oil tankers, and 7 anchor handling towing and supply vessels. The company was incorporated in 19...

Laxmi Building

6, Shoorji Vallabhdas Marg

Ballard Estate

Mumbai,  400001

India

Founded in 1971

Phone:

91 22 6635 0100

Fax:

91 22 6635 0274

Key Executives for Varun Shipping Co. Ltd.

Varun Shipping Co. Ltd. does not have any Key Executives recorded.

Varun Shipping Co. Ltd. Key Developments

Varun Shipping Co. Ltd. Presents at Marine Money International 11th Annual Gulf Ship Finance Forum, Mar-04-2015 02:20 PM

Varun Shipping Co. Ltd. Presents at Marine Money International 11th Annual Gulf Ship Finance Forum, Mar-04-2015 02:20 PM. Venue: Jumetrah Emirates Towers, Dubai, United Arab Emirates. Speakers: Yudhishthir D. Khatau, Chairman and Managing Director.

Varun Shipping Co. Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Varun Shipping Co. Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, loss from operation before other income, finance cost and exceptional item was INR 801.094 million against INR 377.891 million a year ago. Loss from ordinary activities before tax was INR 1,257.818 million against INR 549.360 million a year ago. Net loss was INR 1,257.818 million or INR 8.39 per basic and diluted share against INR 549.360 million or INR 3.66 per basic and diluted share a year ago. For the six months, loss from operation before other income, finance cost and exceptional item was INR 1,744.200 million against INR 576.398 million a year ago. Loss from ordinary activities before tax was INR 2,607.467 million against INR 528.845 million a year ago. Net loss was INR 2,607.467 million or INR 17.38 per basic and diluted share against INR 528.845 million or INR 3.53 per basic and diluted share a year ago.

Varun Shipping Co. Ltd., Board Meeting, Feb 18, 2015

Varun Shipping Co. Ltd., Board Meeting, Feb 18, 2015. Agenda: To consider the unaudited standalone earnings results for the second quarter and six months ended September 30, 2014.

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