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:

GE Shipping Share Price

387.80 -5.20 (-1.32%) May 11, 13:29
1 Year Price Chart
Company Name CMP
Shipping Corpn. 121.85
GE Shipping 387.80
Dredging Corp 398.50
Shreyas Shipping 102.80
Essar Shipping 9.64
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323