SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

G E Shipping contracts to sell Aframax Crude Carrier ‘Jag Lavanya’

26 Apr 2023 Evaluate

The Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2004 built Aframax Crude Carrier, Jag Lavanya of about 105,010 dwt. The vessel will be delivered to the new buyer in Q1FY2024.

Including Jag Lavanya, company’s current fleet stands at 43 vessels, comprising 29 tankers (7 crude carriers, 18 product tankers, 4 LPG carrier) and 14 dry bulk carriers (2 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 13.41 years aggregating 3.44 mn dwt.

The 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

1586.75 34.35 (2.21%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Shipping Corpn. 338.75
GE Shipping 1586.75
Dredging Corp 952.90
Seamec 1502.55
Shreeji Ship.Global 415.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×