G E Shipping contracts to sell Supramax Bulk Carrier “Jag Roopa”

(Image Courtesy: G E Shipping)

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2006 built Supramax Bulk Carrier, Jag Roopa of about 52,454 dwt. The vessel will be delivered to the new buyers in H2 FY 2020-21.

The Company’s current fleet stands at 47 vessels, comprising 34 tankers (11 crude carriers, 18 product tankers, 5 LPG carrier) and 13 dry bulk carriers with an average age of 12.48 years aggregating 3.80 mn dwt.

The company has contracted to buy a Secondhand Capesize Bulk Carrier which is expected to be delivered in H2 FY 2020-21. The company has also contracted to sell its two oldest Suezmax Crude Carriers Jag Lateef and Jag Laadki which are expected to be delivered to the buyers in H2 FY2020-21.

Sea News, December 14

Baibhav Mishra
Author: Baibhav Mishra