G E Shipping takes delivery of secondhand very large gas carrier ‘Jag Vishnu’

24 Oct 2020 Evaluate

Great Eastern Shipping Company (GE Shipping) has taken delivery of a secondhand very large gas carrier ‘Jag Vishnu’ of about 77,922 cbm. The company had contracted to buy the vessel in Q2FY21. The company also delivered its 1996 built very large gas carrier ‘Jag Vidhi’ to the buyers. The vessel was contracted for sale in Q2FY21.

The company’s current fleet 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 12.53 years aggregating 3.70 mn dwt. The company has also contracted to buy a Long Range 2 Product Carrier which is expected to be delivered in Q3FY21.

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

GE Shipping Share Price

1000.15 4.50 (0.45%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 208.75
GE Shipping 1000.15
Dredging Corp 676.50
Shreyas Shipping 252.05
Seamec 1070.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.