NSE:GESHIP

2 stories mentioning NSE:GESHIPUpdated 24d ago

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Great Eastern Shipping Delivers Product Tanker to Buyer

Great Eastern Shipping Company (NSE:GESHIP, BOM:500620) delivered its 2009-built long-range 2 product tanker, Jag Lokesh, to the buyer.The vessel was contracted for sale during the second quarter of fiscal 2027, according to a Tuesday filing on Indian bourses.Following the transaction, the company's owned fleet comprises 40 vessels with a total capacity of 3.24 million deadweight tonnes, including 25 tankers and 15 dry bulk carriers.

BOM:500620NSE:GESHIP

Asia106d ago

Great Eastern Shipping Company Takes Delivery of Japanese-Built Dry Bulk Carrier

The Great Eastern Shipping Company (NSE:GESHIP, BOM:500620) has taken delivery of its Japanese-built Kamsarmax dry bulk carrier "Jag Abhishek" of about 81,094 deadweight tonnage (dwt), according to a Thursday filing to the Indian stock exchanges.The vessel was built in 2014, and the company had contracted to buy the vessel in the fiscal fourth quarter ended March 31.After this transaction, the company's current owned fleet stands at 41 vessels, comprising 26 tankers and 15 dry bulk carriers aggregating 3.28 million dwt. Its current capacity utilization is close to 100%.The company has also contracted to buy a second-hand medium-range tanker and contracted to sell its medium-range Tankers "Jag Prakash" and "Jag Pankhi". These transactions are expected to be completed in the first quarter ending June 30.Great Eastern Shipping's shares were up nearly 2% in recent trade.

BOM:500620NSE:GESHIP

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