GE Shipping delivers Suezmax Crude Carrier ‘Jag Lakshita’ to the buyers

The Great Eastern Shipping Company Ltd. | Shipping | Transportation & Logistics | BSE: 500620 | NSE: GESHIP

23 Dec 2019 Evaluate

Great Eastern Shipping Company (G E Shipping) has delivered its 2000 built Suezmax Crude Carrier ‘Jag Lakshita’ to the buyers. The vessel was contracted for sale in November 2019. The company's current fleet (excluding ‘Jag Lakshita’) stands at 46 vessels, comprising 33 tankers (11 crude carriers, 17 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 11.77 years aggregating 3.70 mn dwt.

Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.

Peers

Company Name	CMP
Shipping Corpn.India	277.10
Great Eastern Ship.	1428.05
Dredging Corporation	990.80
Seamec	1729.20
Shreeji Ship.Global	706.65
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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