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 Carrier Trends

Panama Frees Vessel Held in Western Sahara Claim

Panama authorities have released a Moroccan phosphate shipment from the disputed Western Sahara territory after it was temporarily held by a legal challenge from the Polisario

Jinhui Shipping Sees Bumpy Road to Recovery

Oslo-listed dry bulker Jinhui Shipping sees a bumpy road ahead despite signs of a recovery in the dry bulk market.   The road to recovery will be challenging and the market will

Weaker Panamax Rates Weigh on Baltic Index

File photo: Star Bulk

The Baltic Exchange's main sea freight index fell slightly on Monday, as sliding panamax rates

Contracts

Kalmar Delivers RTGs to Evergreen

Pic: Kalmar

Kalmar, part of Cargotec, has successfully delivered five rubber-tyred gantry (RTG) cranes to

COSCO Singapore Wins FSRU Deal

Photo: Cosco Shipyard

Cosco (Qidong) Shipyard Co, a subsidiary of Cosco Corp's 51 per cent subsidiary Cosco Shipyard

Diana Shipping Adds m/v Astarte

Photo: Diana Shipping Inc

Diana Shipping, a company specializing in the ownership of dry bulk vessels, has announced that

Maritime Apps