GE Shipping Takes Delivery of 2015 Built Very Large Gas Carrier 'Jag Vijay'

The Great Eastern Shipping Company Limited (GE Shipping) took delivery of the 2015 South Korean built Very Large Gas Carrier 'Jag Vijay' of about 84,048 cbm on January 16, 2026. The company had contracted to buy the vessel in Q3 FY26, and this transaction was financed entirely from internal accruals. The company's current owned fleet stands at 40 vessels, comprising 26 Tankers and 14 Dry Bulk Carriers, with a total capacity of 3.22 mn dwt. The company's current capacity utilization is close to 100%. Additionally, the company has contracted to buy one secondhand Ultramax Dry Bulk Carrier, buy one secondhand Medium Range Tanker, sell one Kamsarmax Dry Bulk Carrier 'Jag Aarati', and sell one Very Large Gas Carrier 'Jag Vishnu'. These purchase and sale transactions are expected to be completed in Q4 FY26.