GE Shipping to Sell 2003 Built Medium Range Tanker 'Jag Pankhi' in Q1 FY27

The Great Eastern Shipping Company Limited (GE Shipping) has contracted to sell its 2003 built Medium Range Tanker 'Jag Pankhi' of about 46,273 dwt to an unaffiliated third party. The vessel is expected to be delivered in Q1 FY27. This sale brings the company’s current owned fleet to 40 vessels, including 26 Tankers and 14 Dry Bulk Carriers. GE Shipping has also contracted to buy one secondhand Kamsarmax Dry Bulk Carrier and one secondhand Medium Range Tanker, and to sell its Medium Range Tanker 'Jag Prakash'. These transactions are expected to be completed in Q1 FY27.