Great Eastern Shipping Company (G E Shipping) has contracted to sell its 1994 built Very Large Gas Carrier Jag Vishnu of about 49,353 dwt. The vessel will be delivered to the new buyer in H1 FY 2019-20.
Including Jag Vishnu, company's current fleet stands at 48 vessels, comprising 35 tankers (12 crude carriers, 17 product tankers, 6 LPG carrier) and 13 dry bulk carriers (1 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 11.31 years aggregating 3.90 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.