rss icon Subscribe
desktop mobile

GE Shipping Buys New Vessel

Photo: The Great Eastern Shipping Co. Ltd

By Aiswarya Lakshmi

The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Supramax Dry Bulk Carrier of about 52,450 dwt.

The 2006 built vessel is expected to join the Company's fleet in Q1 FY18.
The Company's current fleet stands at 43 vessels, comprising 28 tankers (11 crude carriers, 15 product tankers, 2 LPG carrier) and 15 dry bulk carriers (1 Capesize, 8 Kamsarmax, 6 Supramax) with an average age of 9.56 years aggregating 3.54 mn dwt.
The company has also committed to purchase 1 Secondhand Suezmax Crude Carrier.
The Great Eastern Shipping Company Limited is engaged in the business of providing shipping services. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities.
Its offshore business services the oil companies in carrying out offshore exploration and production activities.

Mar 18, 2017

 

Bulk Carriers

Oldendorff Halts Guyana Operation Due to Rusal Crisis

(File photo: Oldendorff)

German shipping group Oldendorff Carriers is stopping its business in Guyana, the company said on

Ships Carrying US Sorghum U-turn after China Tariffs

© James Lantsbery / MarineTraffic.com

Several ships carrying cargoes of sorghum from the United States to China have changed course

Dry Bulk: Capesize Rally Continues

© Eugene Sergeev / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk

Contracts

DP World Should Rethink Port Deals in Somalia - Foreign Minister

(File photo: DP World)

Somalia's foreign minister said on Friday that Dubai state-owned port operator DP World should

Oldendorff Halts Guyana Operation Due to Rusal Crisis

German shipping group Oldendorff Carriers is stopping its business in Guyana, the company said on Friday, after the United States blacklisted Russian aluminum producer Rusal

Ships Carrying US Sorghum U-turn after China Tariffs

Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain

Maritime Apps