17-Jun-2026 12:51:05

GESHIPGeneral news

THE GREAT EASTERN SHIPPING COMPANY LIMITED : TAKES DELIVERY OF 2014 BUILT MEDIUM RANGE TANKER

• The company took delivery of "Jag Prabhu" of about 49,420 dwt on June 17, 2026. • The company had contracted to buy the vessel in Q1 FY27. • This vessel is financed entirely from internal accruals. • After this transaction, the company's current owned fleet stands at 40 vessels, comprising 25 Tankers and 15 Dry Bulk Carriers aggregating 3.24 mn dwt. • The Company's current capacity utilization is close to 100%. • Additionally, the company has contracted to buy one secondhand Long Range 2 Product Tanker, and this purchase transaction is expected to be completed in Q2 FY27.

The Great Eastern Shipping Company Limited

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