G E Shipping delivers its Suezmax Crude Carrier 'Jag Laadki' to buyers

The vessel was contracted for sale in November 2020.

January 27, 2021 1:55 IST India Infoline News Service

Great Eastern Shipping Company Limited (G E Shipping) has delivered its 2,000 built Suezmax Crude Carrier 'Jag Laadki' to the buyers.

The vessel was contracted for sale in November 2020.

The Company’s current fleet stands at 45 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.01 years aggregating 3.51 mn dwt.

The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in Q4 FY 2020-21.

The company has also contracted to sell its 2006 built Supramax Bulk Carrier 'Jag Roopa' which is expected to be delivered to the buyers in Q4 FY2020-21.

The company was trading 1.69% lower at Rs253.25 per piece on the BSE at around 2:00 PM.

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