Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

GE Shipping contracts to buy a medium range product tanker

05 Nov 2014

Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a Medium Range Product Tanker of about 48,700 dwt on 4th November, 2014. The 2004 Japanese built vessel is expected to join the company’s fleet in the current quarter.

The company’s current fleet stands at 30 vessels, comprising 21 tankers (8 crude carriers, 11 product tankers, 2 LPG carriers) and 9 dry bulk carriers (1 Capesize, 3 Kamsarmax, 5 Supramax) with an average age of 9.8 years aggregating 2.45 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

399.95 -10.00 (-2.44%) Jun 11, 18:01
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 113.20
GE Shipping 399.95
Dredging Corp 408.40
Shreyas Shipping 171.15
Essar Shipping 13.31
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback