Great Eastern Shipping Company (G E Shipping) has contracted to sell its 1997 built Midsize Gas Carrier Jag Vijaya of about 35,421 cbm. The vessel will be delivered to the new buyer in H1 FY23.
Including Jag Vijaya, company’s current fleet stands at 45 vessels, comprising 31 tankers (8 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers (2 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 12.66 years aggregating 3.57 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.