The Great Eastern Shipping Company (GE Shipping) has signed a contract to sell ‘Jag Parwar’, a General purpose (GP) product carrier. The 1988 built vessel of about 29,900 dwt will be delivered to the buyers in Q1FY14.
The company’s current fleet stands at 33 vessels, comprising 23 tankers (9 crude carriers, 13 product tankers, 1 LPG carrier) and 10 dry bulk carriers (1 Capesize, 3 Kamsarmax, 1 Panamax, 4 Supramax, 1 Handymax) with an average age of 10.0 years aggregating 2.60 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.
