G E Shipping contracts to sell its 2004 built Aframax Crude Carrier 'Jag Lavanya'

G E Shipping contracts to sell its 2004 built Aframax Crude Carrier 'Jag Lavanya'

The vessel will be delivered to the new buyer in the first quarter of 2024.

FPJ Web DeskUpdated: Wednesday, April 26, 2023, 12:08 PM IST
article-image
G E Shipping contracts to sell its 2004 built Aframax Crude Carrier 'Jag Lavanya' | Wikipedia

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2004 built Aframax Crude Carrier, Jag Lavanya of about 105,010 dwt, the company announced through an exchange filing. The vessel will be delivered to the new buyer in the first quarter of 2024.

Including Jag Lavanya, company’s current fleet stands at 43 vessels, comprising 29 tankers (7 crude carriers, 18 product tankers, 4 LPG carrier) and 14 dry bulk carriers (2 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 13.41 years aggregating 3.44 mn dwt.

G E Shipping shares

The shares of the Great Eastern Shipping Company Limited on Wednesday at 12:02 pm were at Rs 643.55, up by 1.11 per cent.

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

RBI Annual Report 2022-23: India's growth momentum expected to be stable in FY24

RBI Annual Report 2022-23: India's  growth momentum expected to be stable in FY24

Infosys and Roland-Garros serve up new AI-powered experiences for the Tennis ecosystem

Infosys and Roland-Garros serve up new AI-powered experiences for the Tennis ecosystem

Jubilant Pharmova makes changes in top management, appoints Priyavrat Bhartia as MD

Jubilant Pharmova makes changes in top management, appoints Priyavrat Bhartia as MD

Prestige Group acquires Prestige (BKC) and Turf Estate Joint Venture for ₹1176 cr

Prestige Group acquires Prestige (BKC) and Turf Estate Joint Venture for ₹1176 cr

DCB Bank allots shares worth Rs 92,200 to employees as stock options

DCB Bank allots shares worth Rs 92,200 to employees as stock options