09-Jul-2026 19:10:16
GESHIPAcquisition and merger
THE GREAT EASTERN SHIPPING COMPANY LIMITED : ACQUIRES VESSEL
• The company took delivery of a 2015 built Long Range 2 Tanker "Jag Laxman" of about 109,990 dwt. • The Company had contracted to buy the vessel in Q1 FY27. • The vessel is financed entirely from internal accruals. • After this transaction, the company's current owned fleet stands at 41 vessels. • The company has contracted to sell one secondhand Long Range 2 Product Tanker, and this sale transaction is expected to be completed in Q2 FY27.
The Great Eastern Shipping Company Limited
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