G E Shipping Contracts to Sell its Supramax Dry Bulk Carrier ‘Jag Ratan’

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(Image Courtesy: ShipSpotting)

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2001 built Supramax Dry Bulk Carrier Jag Ratan of about 52,179 dwt. The vessel will be delivered to the new buyer in H1 FY 2018-19.

Including Jag Ratan, company’s current fleet stands at 49 vessels, comprising 34 tankers (12 crude carriers, 17 product tankers, 5 LPG carrier) and 15 dry bulk carriers (1 Capesize, 8 Kamsarmax, 6 Supramax) with an average age of 10.68 years aggregating 3.97 mn dwt.

Sea News, June 5