GE Shipping signs contract to sell ‘Jag Padma’ MR product tanker

02 May 2014

The Great Eastern Shipping Company (G E Shipping) has signed a contract to sell ‘Jag Padma’, a Medium Range (MR) product tanker. The 1996 built vessel of about 47,172 dwt will be delivered to the buyers in May 2014.

Including ‘Jag Padma’, the Company's current fleet stands at 30 vessels, comprising 22 tankers (8 crude carriers, 13 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax and 4 Supramax) with an average age of 10 years aggregating 2.42 mn dwt.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.

Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

322.60 -4.15 (-1.27%) Mar 04, 18:59
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 129.15
GE Shipping 322.60
Dredging Corp 418.30
Shreyas Shipping 85.95
Essar Shipping 9.85
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback