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New Launch22 Sept 2025, 12:09 pm

G E Shipping Takes Delivery of 2015 Built Kamsarmax Dry Bulk Carrier 'Jag Amol'

AI Summary

The Great Eastern Shipping Company Limited (G E Shipping) has taken delivery of a 2015 built Kamsarmax Dry Bulk Carrier 'Jag Amol' of about 81,843 dwt. The company had contracted to buy the vessel in Q2 FY26, which is financed entirely from internal accruals. The company's current owned fleet stands at 39 vessels, comprising 26 tankers and 13 dry bulk carriers aggregating 3.13 Mn dwt. In Q2 FY26, the company has also contracted to buy 1 secondhand Kamsarmax dry bulk carrier and 1 secondhand Suezmax crude tanker and contracted to sell 1 secondhand Suezmax crude tanker. These 3 purchase & sale transactions are expected to happen by Q3 FY26.

Key Highlights

  • G E Shipping takes delivery of a 2015 built Kamsarmax Dry Bulk Carrier 'Jag Amol'
  • The vessel is financed entirely from internal accruals
  • The company's current owned fleet stands at 39 vessels
  • In Q2 FY26, the company has contracted to buy 1 secondhand Kamsarmax dry bulk carrier and 1 secondhand Suezmax crude tanker
  • In Q2 FY26, the company has also contracted to sell 1 secondhand Suezmax crude tanker
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GREAT EASTERN SHIPPING CO.LTD.

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