G E Shipping contracts to buy a Secondhand Supramax Bulk Carrier

Mumbai - 3 March 2021

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a secondhand Supramax Bulk Carrier of about 56,103 dwt.

The 2013 Japanese built vessel is expected to join the Company’s fleet in Q1 FY22.

Excluding this vessel, the Company’s current fleet stands at 46 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers with an average age of 11.77 years aggregating 3.69 mn dwt.

The company has contracted to sell its 2006 built Supramax Bulk Carrier “Jag Roopa” which is expected to be delivered to the buyers in Q4 FY2020-21.Place: MUMBAIDate: March 03, 2021

Great Eastern Shipping Co Ltd. (GE Shipping) press release