G E Shipping contracts to sell its 2011 built Supramax Dry Bulk Carrier Jag Rani

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2011 built Supramax Dry Bulk Carrier, Jag Rani of about 56,820 dwt on August 29, 2024, to an unaffiliated third party.

The vessel will be delivered to the new buyer by Q3 FY25.

Including Jag Rani, Company’s current fleet stands at 43 vessels, comprising 29 tankers (6 crude carriers, 19 product tankers, 4 LPG carrier) and 14 dry bulk carriers (2 Capesize, 8 Kamsarmax, 4 Supramax) aggregating 3.41 Mn dwt.

Additionally, we had contracted to sell one MR product tanker in July 2024, which is due for delivery by Q3 FY25.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : IREDA Posts Strong Q1 Growth; Disbursements Jump 31%, Loan Book Rises 27%