GE Shipping stock up 1% after delivery of 1996 built Midsize Gas Carrier “Jag Vaayu”

The vessel was contracted for sale in May 2021.

June 29, 2021 12:30 IST India Infoline News Service

The Great Eastern Shipping Company Limited (G E Shipping) has delivered its 1996 built Midsize Gas Carrier “Jag Vaayu” to the buyers.

The vessel was contracted for sale in May 2021.

Notably, excluding this vessel, the Company’s current fleet stands at 46 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers with an average age of 11.97 years aggregating 3.68 mn dwt.

At around 12.28 PM, GE Shipping was trading at Rs389.20 per piece up by 1.09% on Sensex.

The stock has touched an intraday high and low of Rs395 per piece and Rs387.20 per piece respectively.

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