Great Eastern Shipping Company (GE Shipping) has signed a contract to buy 2 Suezmax Crude Carrier of about 157,000 dwt each. The 2000 and 2011 built vessel are expected to join the company's fleet in Q4 FY17.
The company's current fleet stands at 38 vessels, comprising 24 tankers (7 crude carriers, 15 product tankers, 2 LPG carriers) and 14 dry bulk carriers (1 Capesize, 7 Kamsarmaxes, 6 Supramaxes) with an average age of 9.89 years aggregating 2.94 mn dwt. Additionally, the company has 2 secondhand Aframaxes and 1 Newbuilding Kamsarmax on order. After delivery of these 6 contracted vessels, the company will have a fleet of 44 vessels.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.
