Deals13 Sept 2024, 05:08 pm
GREAT EASTERN SHIPPING CO.LTD. to Sell Its 2005 Built Suezmax Crude Tanker Jag Lalit by Q3 FY25
AI Summary
The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2005 built Suezmax Crude Tanker, Jag Lalit of about 158,344 dwt on September 13, 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY25. This sale brings the company’s current fleet to 43 vessels, comprising 29 tankers and 14 dry bulk carriers aggregating 3.41 mn dwt. Additionally, the company had contracted to sell one MR product tanker in July 2024 and one Supramax drybulk carrier in Aug 2024, which are due for deliveries by Q3 FY 25.
Key Highlights
- GREAT EASTERN SHIPPING CO.LTD. to sell its 2005 built Suezmax Crude Tanker Jag Lalit.
- The vessel is set to be delivered to the new buyer by Q3 FY25.
- The sale brings the company’s current fleet to 43 vessels.
- The current fleet comprises 29 tankers and 14 dry bulk carriers.
- The company had also contracted to sell one MR product tanker in July 2024 and one Supramax drybulk carrier in Aug 2024.