G E Shipping Acquires a Supramax Bulk Carrier & Sells "Jag Prachi"

By Joseph R. Fonseca
Thursday, September 25, 2014

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2006-built Supramax Bulk Carrier of about 52,454 dwt. The company had contracted to buy the ship earlier this month.

Earlier yesterday the company reported having delivered its 1991 built General Purpose Product Carrier “Jag Prachi” (28,610 dwt) to the buyers on 23rd September, 2014. The company had contracted to sell the ship in August 2014.

With the sale of "Jag Prachi" and the inclusion of the Supramax Bulk Carrier, the Company’s current fleet stands at 30 vessels, comprising 21 tankers (8 crude carriers, 11 product tankers, 2 LPG carriers) and 9 dry bulk carriers (1 Capesize, 3 Kamsarmax, 5 Supramax) with an average age of 9.8 years aggregating 2.45 mn dwt.
 

G E Shipping

Categories: Bulk Carriers Ship Sales Tankers Vessels

Related Stories

Sallaum Lines Launches European Automotive Logistics Company

Brazil Port Terminals Call for Dredging Amidst El Niño Threat

Shuttle Tankers: A Distinct Vessel Breed, a Niche Market

Current News

MoU Signed to Verify Emissions Reduction Through AI-Based Voyage Optimization

Sallaum Lines Launches European Automotive Logistics Company

Olam Agri, Vitol Bunkers Complete Co-processed VLSFO Bio-Bunkering

Global Grain Shipments Fall as Black Sea Attacks Escalate

Subscribe for Maritime Logistics Professional E‑News