The Great Eastern Shipping Company (G E Shipping) has signed a contract to sell ‘Jag Leela’, an Aframax crude carrier. The 1999 built vessel of about 105,000 dwt will be delivered to the buyers in QlFY14.
The Company's current fleet stands at 31 vessels, comprising 22 tankers (9 crude carriers, 12 product carriers, 1 LPG carrier) and 9 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax 5 1 Handymax) with an average age of 9.6 years aggregating 2.50 mn dwt.
Great Eastern Shipping Company is India’s largest private sector shipping company. The company’s major businesses include shipping and offshore.