Great Eastern Shipping Company (GE Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt. The vessel will be delivered to the new buyer in Q4 FY 2017-18.
The company's current fleet (including Jag Rahul) stands at 48 vessels, comprising 32 tankers (12 crude carriers, 17 product tankers, 3 LPG carrier) and 16 dry bulk carriers (1 Capesize, 8 Kamsarmax, 7 Supramax) with an average age of 10.24 years aggregating 3.93 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.