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25 April, 2024 15:55 IST
G E Shipping takes delivery of a secondhand midsize gas carrier
Source: IRIS | 23 Apr, 2021, 07.05PM
Rating: NAN / 5 stars.
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 The Great Eastern Shipping Company (G E Shipping) has taken delivery of a secondhand Midsize Gas Carrier 'Jag Vikram' of about 35,188 cbm. The company had contracted to buy the vessel in Q4 FY21.

Including this vessel, the Company’s current fleet stands at 46 vessels, comprising 33 tankers (9 crude carriers, 18 product tankers, 6 LPG carrier) and 13 dry bulk carriers with an average age of 11.97 years aggregating 3.66 mn dwt. The company has previously contracted to buy a 2013 built Japanese Supramax Bulk Carrier which is expected to be delivered in Q1 FY 2021-22.

 Shares of the company gained Rs 5.65, or 1.95%, to settle  at  Rs 294.70.  The total volume of shares traded  was  27,258 at  the BSE (Friday).



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