The Great Eastern Shipping Company (GE Shipping) has signed a contract to buy a Secondhand Very Large Gas Carrier (1996 built) of about 76,931 cbm. The Japan built vessel will be delivered to the company in Q1 FY 2016-17.
The company's current fleet stands at 32 vessels, comprising 31 tankers (8 crude carriers, 14 product tankers, I LPG carrier) and 9 dry bulk carriers (4 Kamsarmax, 5 Supramax) with an average age of 10.4 years aggregating 2.5 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.