GE Shipping informed the exchange that it had taken delivery of a 2008 built Medium Range Product Tanker “Jag Parth”.
The Great Eastern Shipping Company Limited (GE Shipping) took delivery of a 2008 built medium range (MR) product tanker “Jag Parth” of about 46,197 dwt.
The company had contracted to buy the vessel in Q2 FY24. Including this vessel, the Company’s current fleet stands at 42 vessels, comprising 29 tankers (6 crude carriers, 19 product tankers, 4 LPG carriers) and 13 dry bulk carriers aggregating 3.33 Mn dwt.
This vessel is financed entirely from internal accruals. The purpose of the acquisition is expansion of the fleet.