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GE Shipping Buys New Vessel
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
