G E Shipping inks contract to sell Handymax dry bulk carrier ‘Jag Ravi’

15 May 2013

The Great Eastern Shipping Company (G E Shipping) has signed a contract to sell ‘Jag Ravi’, a Handymax dry bulk carrier. The 1997 built vessel of about 45,300 dwt will be delivered to the buyers in Q1FY14.

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, 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.

Related The Great Eastern Shipping Company Ltd. Links:

GE Shipping Share Price

312.05 3.50 (1.13%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Shipping Corpn. 99.95
GE Shipping 312.05
Dredging Corp 411.70
Shreyas Shipping 81.05
Essar Shipping 9.10
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback