GE Shipping places order for 2 new Building Kamsarmax dry bulk carriers

25 Jul 2013

The Great Eastern Shipping Company (GE Shipping) has placed an order to build 2 new Building Kamsarmax dry bulk carriers with Tsuneishi Shipbuilding Company, Japan. These vessels will be built at the yard’s facility in Philippines. Both the vessels are expected to join the company’s fleet during H1FY16.

The contracted ships, of about 81,600 dwt each, will be built according to the new eco design features which will result in greater fuel efficiency and be in compliance with Energy Efficiency Design Index requirements. 

The company’s current fleet stands at 28 vessels, comprising 20 tankers (8 crude carriers, 11 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax).

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

398.30 20.20 (5.34%) May 14, 18:01
1 Year Price Chart
Company Name CMP
Shipping Corpn. 110.10
GE Shipping 398.30
Dredging Corp 386.85
Shreyas Shipping 98.00
Essar Shipping 9.45
View more..
Sensex vs GE Shipping
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323