GE Shipping inks contract to sell a Capesize Bulk Carrier

16 Feb 2015

Great Eastern Shipping Company has signed a contract to sell, a 1996-built Capesize Dry Bulk Carrier ‘Jag Aijun’ (164,796 dwt). The vessel will be delivered to the buyers during the Q4 2014-15.

The company’s current fleet stands at 30 vessels, comprising 21 tankers (8 crude carriers, 12 product tankers, 1 LPG carriers) and 9 dry bulk carriers (1 Capesize, 3 Kamsarmax, 5 Supramax) with an average age of 10 years aggregating 2.42 mn dwt. The current order book comprises 5 bulk carriers and 1 product tanker.

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:

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