Deals14 Feb 2024, 04:26 pm
GE Shipping to Expand Fleet with New Medium Range Product Tanker
AI Summary
The Great Eastern Shipping Company Limited (GE Shipping) has contracted to buy a Medium Range product tanker of about 49,999 dwt, expected to join the Company's fleet by Q1 FY25. The acquisition is aimed at modernizing and expanding the fleet, with the current capacity utilization at close to 100%.,
Key Highlights
- GE Shipping to expand fleet with new tanker
- Expected to join fleet by Q1 FY25
- Current capacity utilization at close to 100%