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.
